News Headlines Article

ACA tax delays still on the table in ongoing budget negotiations
Modern Healthcare

Lawmakers appear ready to push back the deadline for a budget agreement, as talks on a separate bill moved closer to delaying at least two taxes under the Affordable Care Act.House Way and Means Chairman Rep. Kevin Brady (R-Texas) said it was looking increasingly likely that the annual tax extenders package to delay certain tax collections by at least two years would include the ACA’s medical-device tax and the Cadillac tax on high-end insurance plans.The Cadillac tax in particular has received strong criticism from Democrats as well as Republicans, despite many economists’ statements that it is a key funding source for the ACA that also helps control costs.