Don’t Take the HIT

Will Republicans let a tax increase take effect on their watch? Obamacare includes a tax on health insurance plans. This “health insurance tax” (HIT) has been suspended, but is scheduled to go into effect in 2018. The effect has been estimated to be a $185 increase in premiums for small-group plans. Opposition to the HIT has been something of a bipartisan cause. Now Republicans are debating how to handle the issue in the continuing resolution they are using to keep the government funded next year. One option is to suspend the tax for participants in Obamacare’s exchanges and Medicare Advantage—leaving people who
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Author: Ramesh Ponnuru