Tag: Cadillac Tax

The Washington Post — Ezra Klein: Explaining the Excise Tax

The Washington Post’s Ezra Klein takes a long look a the high value health plan tax. Here are some key excerpts from his analysis: The excise tax was not the first choice for most policymakers. The appeal of the proposal is that it has the same effect as capping the deduction, but with very different politics: It taxes “insurers” rather than “employers,” which sounds a lot better. The tax, however, is passed down to employers, so the impact is virtually [...]

Posted in: Health Care Costs, In Case You Missed It, Issue Alert

Las Vegas Sun — Tax on ‘Cadillac’ insurance plans could snare hotel maids

Las Vegas Sun Tax on ‘Cadillac’ insurance plans could snare hotel maids “Several years ago, when the powerful Culinary Union was negotiating new contracts on the Strip, its workers decided to forgo an initial pay increase to preserve their health care benefits…Now, under the health care reform plan being debated in the Senate, those benefits could eventually be taxed to help raise money to cover the uninsured.” “Experts say any tax on the insurers, or the companies that insure workers [...]

Posted in: Health Care Costs, In Case You Missed It, Issue Alert

Rep. Shelley Berkley on the Cadillac Plan Tax

“We made a promise during the campaign that we would not impact middle-income Americans by taxing them disproportionately, and this proposal would do just that.” – Rep. Shelley Berkley, D-Nev. (The Wall Street Journal, 10/07/09)

Posted in: Health Care Costs, In Case You Missed It, Issue Alert

Dow Jones — Majority Of House Dems Oppose Tax On ‘Cadillac’ Health Plans

WSJ: Majority Of House Dems Oppose Tax On ‘Cadillac’ Health Plans DOW JONES NEWSWIRES WASHINGTON (Dow Jones)–More than half of all House Democrats will ask House Speaker Nancy Pelosi, D-Calif., to reject proposals to tax expensive health insurance policies, as part of health legislation aimed at covering the uninsured and reining in health-care costs. The letter to Pelosi was signed by 154 House Democrats, led by Rep. Joe Courtney of Connecticut and senior members of the House Ways and Means [...]

Posted in: Health Care Costs, In Case You Missed It, Issue Alert

POLICY DEVELOPMENT: Milliman Paper on Cadillac Plan Tax

Milliman, an actuarial consulting firm, provides an in depth look at the issues surrounding taxing high cost health plans. In the analysis “No Room to Stand”, Milliman’s Robert Dobson writes “The idea of taxing so-called Cadillac plans may not sound unreasonable upon first glance. But an actuarial view quickly reveals that the high cost of these plans has as much to do with the characteristics of the covered population as it does with benefit richness. It also reveals that the [...]

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What Does WV Coal Miner Have to Say About a Plan to Tax High Cost Health Plans?

See what a West Virginia coal miner has to say about a plan to tax high cost health care plans: “A lot of my people died, in explosions or whatever, in order to get what we got. I think, seriously, if they try to tax the miners’ health plan, Congress is going to hear from us. We might need to go up there and enlighten ‘em.” – Fred J. Myers, an 81-year-old retired coal miner in Morgantown, W.Va. (The Washington [...]

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Washington Post — What Makes a Health Plan a ‘Cadillac’?

The Washington Post takes a deeper look at the issue of what exactly a “cadillac” health plan is. Here are some key excerpts from the article: “Many proponents of taxing high-end employer-based coverage have singled out the titans of Wall Street finance and industry, whose insurance might pay for regular EKGs, CAT-scans and weekend health retreats at tony spas..But insurance plans that cover those types of things are rare. More common are the generous health benefits that many union workers [...]

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Kaiser Health News/NPR — For Some Families, ‘Cadillac’ Health Insurance Is Priceless

Kaiser Health News and NPR look at the impact the new health care AMT could have on two different families. For Some Families, ‘Cadillac’ Health Insurance Is Priceless Much of the health care debate revolves around people without insurance or whose insurance is inadequate. But there’s another group of people whose insurance is too generous, some say. Click here to read the full story

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New York Times — A Proposed Tax on the Cadillac Health Insurance Plans May Also Hit the Chevys

New York Times — A Proposed Tax on the Cadillac Health Insurance Plans May Also Hit the Chevys Click here for the full story. “As it turns out, though, many smaller fish would get caught in Mr. Baucus’s tax net. The supposedly Cadillac insurance policies include ones that cover many of the nation’s firefighters and coal miners, older employees at small businesses — a whole gamut that runs from union shops to Main Street entrepreneurs.”

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AHIP’s Mike Tuffin on Fox News Special Report Discussing the New Health Care Tax

AHIP’s Mike Tuffin on Fox News’ Special Report where he discusses the plan to tax health benefits. Watch it below:

Posted in: AHIP, AHIP in the News, Issue Alert, Must See TV