Session has ended, and we are now in the legislative season called the interim. The interim simply provides an opportunity to look into issues that we don’t always have the time for during session. For me in particular, this means looking into federal legislation and how it will impact Hoosiers.
Since the passage of the Affordable Care Act (ACA), I have been very vocal about what I believe are the unintended but extremely negative consequences that it will have on individuals and businesses. This is a message which I have shared with you on more than one occasion because I believe that the ACA is bad policy.
As the March 31st deadline for enrollment approaches, we are still finding out what exactly is in the ACA. Just recently, I learned of a buried health insurance tax which is referred to as a “health insurance provider fee.†This is a new tax on health insurance premiums that will have very little impact on large employers but will increase individual and small group health insurance premiums by 2-3 percent. This tax does not have a fixed rate and will be set annually by the Treasury in order to meet a specified amount of revenue. This year alone, the tax will cost Americans an added $8 billion.
As our unemployment rate continues to recover from the recession, this is not a tax that I believe our nation can afford to gamble with. I am concerned about the impact it will have on our economy and that it may jeopardize small businesses’ ability to hire new workers or to provide health insurance coverage for their current employees.
While this is not a tax directly targeted at individuals, I think it is safe to say that any newly imposed tax on health insurance providers will be passed along to the consumer. As a member of the Indiana legislature, who serves on the Public Health Committee, I am alarmed by the impact this tax will have on Hoosier businesses and my constituents.
It is no secret that I have hoped for the entire ACA to eventually be repealed, but even if this small burdensome tax could be delayed or repealed, that would be a minor victory to me.
I know you!
You go by the moniker of howler on the CCO threads.
MIKE GOEBEL FOR MAYOR!
+1
+2
http://thegavel.democraticleader.house.gov/?p=6218
♫ Zippity do da zippty ah my oh my what a wonderful day♫
http://www.obamacaresignups.net/
Over 6M on the private exchange alone
Prolly over 15M sub 26er’s, Expanded Medicaid.
♫ Oh the camptown ladies sing this song♫
Do da do da
This link is for you.
https://www.google.com/search?q=pitcher+of+kool+aid&newwindow=1&rlz=1C1ARAB_enUS454US454&es_sm=93&tbm=isch&tbo=u&source=univ&sa=X&ei=NfYyU8G4EY3koAT01IKQAg&ved=0CDgQsAQ&biw=1280&bih=708#facrc=_&imgdii=_&imgrc=_o5H66oInXOPHM%253A%3BxgS1lj3v6Z2m4M%3Bhttp%253A%252F%252F3.bp.blogspot.com%252F-9UxnYUDzvcw%252FTzMjYZZ89OI%252FAAAAAAAAAEc%252FWlvzoQOLV6c%252Fs1600%252FKool%252Baid.jpg%3Bhttp%253A%252F%252Fwww.thecubreporter.com%252F2012%252F04%252F07%252Fi-cubs-still-looking-way-out%3B406%3B397
Is it true that Bacon was concern of the $8 billion tax on 300+ million nation residents?
Was he concern of the, up to one billion dollar tax relief
to business that was going to cost the local government, while there was no skin off of the state government coffers?
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