Senior Policy Analyst
The House is expected to vote on a bill this week that would weaken the requirement that employers offer health insurance, raising the number of uninsured and adding $58 billion to deficits over the next ten years.
The bill would:
The tax was originally scheduled to take effect in 2018, but the December 2015 bipartisan tax deal delayed it by two years, and this bill would delay it for one more at a cost of $15.5 billion. Rather than delay or repeal the Cadillac tax, as we’ve written, policymakers should either modify it to address various concerns (as the Obama Administration proposed) or replace it with a similar measure to achieve cost-containment goals, such as a well-designed cap on the tax exclusion for employer-based health coverage (as several Republican analysts have suggested).
Insurance offer disclosures also help other people who may not know to request this information. For example, an employee may believe he is ineligible for a premium tax credit and locked into the employer’s plan until he receives this form that says otherwise, influencing his choices in the next coverage year.