U.S. Capitol. (Photo: Mike Scarcella/ALM)
Members of the House voted 419-6 today for H.R. 748, a bill that could repeal the Affordable Care Act (ACA) “Cadillac plan” excise tax.
The implementation date of the ACA tax has been repeatedly postponed. If implemented, the provision would impose a 40 percent excise tax on what the government classifies as high-cost employer-sponsored health benefits packages.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
