Oklahoman Editorial Cites AHIP’s Health Insurance Tax Study

An editorial in The Oklahoman cites AHIP’s newly released study examining the impact of the health insurance tax contained in the health reform law. The editorial notes:

  • “In Oklahoma, the report predicts the aggregate tax will total roughly $1.2 billion from 2014 to 2023. It would boost Oklahoma small-group family policies as much as an aggregate $7,748 during that time frame. About 40 percent of state policies would be impacted by the tax, based on current figures.”
  • “…[ACA] supporters often note specific components of the law poll well — but this provision probably isn’t one of them. The insurance tax has been targeted for repeal and legislation to spike it already has 226 cosponsors in the U.S. House of Representatives (enough to guarantee majority support and passage) and 24 Senate cosponsors. Sen. Jim Inhofe, R-Tulsa, and all five Oklahoma congressmen are co-sponsoring the bill.”
  • “[The ACA] contains numerous provisions that actually increase the cost of insurance, often to fund consumer subsidies made necessary because … well, because the law increases the cost of insurance.”

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