Obamacare tax on health insurance will affect most plans over time, reducing healthcare

October 2, 2013   ObamaCare

Obamacare tax on health insurance will affect most plans over time, reducing healthcare

By Jennifer Popik, JD, Robert Powell Center for Medical Ethics

Pro-abortion President Barack Obama

Pro-abortion President Barack Obama

This week, amid the government shutdown and the rollout of the Obamacare state health care exchanges, the health care law is drawing critics from all corners. In particular, organized labor, an initial supporter of the law, is now at odds with a provision of the law that will tax insurance plans less like to deny life-saving medical treatment and other health care – plans that they have long provided to attract members.

This tax on health insurance plans is a major component of the health law. The primary purpose is to discourage businesses from providing what Obamacare advocates view as too much health coverage. Starting in 2018, there will be a 40 percent tax on insurers — which would be passed on to employers — for any health coverage that goes beyond $10,200 for individuals and $27,500 for families.

According to a September 30 article in Politico “How Obamacare affects businesses – large and small” by David Nather, we learn

More: http://www.nationalrighttolifenews.org/news/2013/10/obamacare-tax-on-health-insurance-will-affect-most-plans-over-time-reducing-healthcare

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