House passes repeal of Obamacare tax on high-cost plans
Story Date: 7/18/2019

 

Source: ROLL CALL, 7/17/19


The House passed, 419-6, legislation Wednesday to repeal the so-called Cadillac tax, pleasing health insurers, unions and a bipartisan coalition of lawmakers who have long pushed to scrap the levy. The measure would permanently repeal the 40 percent excise tax on high-cost employer-provided health insurance, which was envisioned as a key way to pay for the 2010 health care law. The tax, which Congress twice delayed from taking effect, is set to go into effect in 2022.

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