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Walorski Pushes for New Repeal of Medical Device Tax; Ways and Means Committee Focuses on Obamacare Tax Relief

Congresswoman Jackie Walorski (IN-02) has brought forth legislation to suspend the medical device tax for five years. She joined Rep. Erik Paulsen (R-MN) in co-authoring the bill, H.R. 4617, which would delay the implementation of the 2.3% tax that was originally created through the Affordable Care Act. In 2017, Congress delayed the tax for two years, but without intervention [...]

2017-12-20T12:16:39+00:00December 20th, 2017|

Federal – Taxation: Health Insurance Tax Back in Play, Effective Jan. 1 Unless Congress Acts

The fate of Obamacare’s health insurance tax (HIT) is currently being decided in negotiations over a year-end bill. Also in the mix is a two-year delay of Obamacare’s medical device tax, loosening the restrictions on health savings accounts and delay of the Cadillac tax – all Indiana Chamber-supported efforts. HIT implementation has consistently been delayed. But Congress is cutting [...]

2017-12-08T14:14:22+00:00December 8th, 2017|

Donnelly Co-Sponsor of Chamber Policy Priority – Delaying Health Insurance Tax

Great news on a long-term policy priority for the Indiana Chamber! Introduced this week: A bill to delay the implementation of the Affordable Care Act’s Health Insurance Tax (HIT) until 2020 and to make the fees tax-deductible. As things currently stand, the tax would come into effect in early 2018 and bring with it increased health care costs. Senator [...]

2017-10-20T13:30:48+00:00October 20th, 2017|