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Limit on Compensation Deduction for Health Insurers Saved Taxpayers Over $72 Million in 2013
Bloomberg BNA Link to more items from this source
Sept. 3, 2014
"The $72 million in savings from the deduction limitation imposed on compensation paid to the 57 executives is equivalent to the cost of dental insurance for 262,000 Americans or enough to cover the cost of the average deductible under the ACA's 'silver' plan for 28,000 people. The 10 companies paid their top executives nearly $300 million in taxable compensation in 2013. Without the ACA, as much as 96 percent of that amount, or $289 million, could have been claimed as deductible performance-based pay, compared with the 27 percent that actually was."

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