The Cadillac Tax, a provision of the original ACA, has been delayed time and again, as employers and others in the health care industry decry the unnecessary burden it would create. (Photo: Shutterstock)
After all the wrangling and hand-wringing about the so-called Cadillac tax on pricey employer health plans, it may actually meet its demise in the must-pass funding bill to keep the government from shutting down on Friday.
The health care industry has two other causes to celebrate the passage of the bill, reports Politico, since the legislation also repeals a 2.3 percent tax on medical devices and a health insurance fee. All three measures were designed originally to help pay for the Affordable Care Act.
"We commend congressional leaders for setting the stage for permanently repealing the Cadillac Tax, the HIT, and the MDT, which would finally put an end to the higher health costs that come from the taxes and would improve access to more affordable coverage," the U.S. Chamber of Commerce, one of many outspoken critics of the taxes, said in a statement.
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