The two Republican-sponsored bills in the House of Representatives that repeal the Affordable Care Act currently lack a provision that taxes employer-provided health care plans.
That marks a pivot from a recently leaked discussion draft of proposed legislation, which proposed taxing the 90th percentile of premiums in the group market.
The U.S. Chamber of Commerce, the American Benefits Council and other trade organizations representing employers’ interests characterized the provision as a new tax on the middle class.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
