Council Foundation Logo Leaders Edge

July 18, 2019

The Council has long supported efforts to repeal the Cadillac Tax, and now lawmakers are primed to do just that. The House passed a bill to repeal the 40% tax on the cost of coverage that exceeds particular amounts. Supporters plan to avoid offsetting the cost of the tax in lost revenue. Critics argue that the tax effectively puts pressure on healthcare providers to lower costs. Our government affairs team continue to provide updates on the Senate version of this bill, which currently has over 40 co-sponsors.