NAHU Continues to Support Legislation to Repeal the Cadillac Tax
The National Association of Health Underwriters (NAHU) applauds Senators Dean Heller (R-NV) and Martin Heinrich (D-NM) and Representatives Mike Kelly (R-PA), and Joe Courtney (D-CT), for reintroducing bipartisan legislation that amends the Internal Revenue Code of 1986 to repeal the excise tax on high cost employer-sponsored health coverage. The “Middle Class Health Benefits Tax Repeal Act” (S. 58 and H.R. 173) repeals the so-called “Cadillac Tax,” which will impose a 40% excise tax on health plans that exceed certain cost thresholds ($10,200 for employee-only and $27,500 for family coverage) beginning in 2018.