Nearly 7 in 10 Oppose ObamaCare’s Cadillac Tax

Nearly seven in 10 people believe ObamaCare’s so-called Cadillac tax should be repealed or delayed, according to a poll released Wednesday.

The poll, commissioned by business groups including the Chamber of Commerce, shows that opposition to the tax is growing.

A separate poll last month found that 60 percent of people opposed the measure, which adds a 40 percent excise tax on certain employee healthcare benefits.

Wednesday’s survey, released by the Chamber of Commerce as well as the National Association of Manufacturers and Business Roundtable, also found that 72 percent of people are “unsure or mistaken” in their understanding of the tax.

While the measure doesn’t go into effect until 2018, it has made headlines recently after Democratic presidential front-runner Hillary Clinton announced her opposition — a major split from the Obama administration.

With Clinton as an unlikely ally to the years-long effort to repeal it, every 2016 candidate now opposes the Cadillac tax, which would go into effect midway through the next president’s term. That has forced the Obama administration into an awkward spot trying to defend it.

Still, the four bills in Congress to repeal the tax have made little movement in months.

Randy Johnson, vice president for employee benefits at Chamber of Commerce, said he believes there is growing momentum in Congress, where lawmakers of both parties have expressed support.

“Things can be done, it just takes time, and we’re in here for the long haul,” he said.

The poll was conducted online among 1,543 registered voters by Morning Consult.

Source Link

Recommended Articles

AI in Healthcare: Calls for Stricter Standards Amid OpenAI Leadership Shuffle

Recent disruptions in OpenAI’s top brass have sparked intense dialogue within the healthcare sector, emphasizing the urgent need for robust standards governing the implementation of generative AI technologies. With Microsoft recruiting former OpenAI executives Sam Altman and Greg Brockman, concerns are growing that few corporations may soon dictate the trajectory of healthcare AI, potentially molding ...

Read More

2024 FSA, HSA, and HDHP Plan Limits

A health Flexible Spending Account (FSA) is an employer-sponsored benefit that allows eligible employees to save pre-tax dollars to pay for qualified medical expenses. Employees can elect a specific dollar amount, up to a certain limit, to set aside annually.

Read More

Proposals On PBMs And Medical Devices Advanced By House Subcommittee

The House Committee on Energy and Commerce health subcommittee pushed forward 21 proposals on Tuesday, some of which will restrict the power of pharmacy benefit managers (PBMs). Democrats supported many of the proposals put forward by Republicans, including legislation reining in PBMs that had support from 60 organizations representing patients, providers, pharmacists, small businesses and ...

Read More

CMS Tightening Network Adequacy Standards For Exchange Plans

Beginning in 2025, health plans sold in state-run insurance exchanges would be required to meet time and distance standards that are at least as adequate as mandated on federal marketplaces, according to a rule released by the Centers for Medicare & Medicaid Services (CMS) on Wednesday. Time and distance standards would be calculated at the ...

Read More
arrowcaret-downclosefacebook-squarehamburgerinstagram-squarelinkedin-squarepauseplaytwitter-squareyoutube-square