Spending Resolution to Repeal ACA Taxes and Fees
On Dec. 17, 2019, the U.S. House of Representatives passed a short-term continuing spending resolution to prevent a government shutdown and continue funding through September 2020. If signed into law, the spending bill would repeal the following three largely unpopular taxes and fees under the Affordable Care Act (ACA):
- The Cadillac tax on high-cost group health coverage,
beginning in 2020;
- The medical devices excise tax, beginning in 2020; and
- The health insurance providers fee, beginning in 2021.
This bill would need to be passed by the Senate and signed into law by President Trump before taking effect.
Get the full compliance release.