Statement on Bipartisan Bill to Repeal the 40 Percent Tax on Health Care Benefits
Washington Mallory Micetich, a spokesperson for the National Coalition on Benefits, issued the following statement in response to the introduction of a bipartisan Senate bill that would repeal the 40 percent tax on health benefits mandated by the Affordable Care Act.
America’s employers, both large and small, applaud Senators Dean Heller (R-NV) and Martin Heinrich (D-NM) for their leadership in introducing bipartisan legislation to repeal the 40 percent excise tax on health care benefits that was included in the Affordable Care Act.
Absent repeal, the 40 percent tax will slow private sector health care innovation and erode the value of the employer-sponsored health care benefits upon which more than 150 million Americans currently rely.
â€œThe National Coalition on Benefits strongly endorses repeal of the 40 percent tax on health care benefits.
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