The House and Senate have both passed the fiscal year 2020 spending bill which includes a permanent repeal of three ACA taxes: the Cadillac/excise tax, medical device tax, and Health Insurance Tax (HIT). The legislation fully repeals the Cadillac tax, and repeals the HIT effective January 1, 2021 which means the HIT will still be in place for 2020. Passage of this legislation represents a major milestone in our advocacy efforts to finally end the Cadillac tax and HIT and we thank all of you who have taken action to support these repeals!
Do you have a topic you’d like us to cover or a question you would like us to address in an upcoming podcast? If so, send us an email here.