Proposal would require insurers to report health law taxes
Published on April 24, 2013 at 2:35 AM
The measure's sponsor, Sen. John Cornyn, R-Texas, bills it as a way to educate consumers about how the health law's benefits are funded.
The Hill: Insurers Would Report ObamaCare Taxes Under GOP Bill
A new bill from Sen. John Cornyn (R-Texas) would require health insurers to disclose taxes they pay under ObamaCare to policyholders. In a statement Monday, Cornyn touted the measure as a way to educate consumers about how the Affordable Care Act's benefits are funded (4/22).
Also in the news, health law opponents are pressing for repeal of the health law's medical device tax, among other provisions, in comprehensive tax reform legislation -
Roll Call: Health Law Tax Foes Find Hope In Overhaul Effort
Proponents of doing away with provisions such as the medical-device tax and the annual fee on health insurance companies say they already have bipartisan support for their repeal legislation. But the efforts still will face health care politics and the need for significant offsets, making their inclusion far from certain as lawmakers work toward comprehensive tax legislation that can pass in both chambers (Attias, 4/22).
This article was reprinted from kaiserhealthnews.org with permission from the Henry J. Kaiser Family Foundation. Kaiser Health News, an editorially independent news service, is a program of the Kaiser Family Foundation, a nonpartisan health care policy research organization unaffiliated with Kaiser Permanente.