Congressman Don Young Helps House Pass Legislation to Repeal Obamacare Tax on Health Insurance Plans

Statement

Today, with the support of Alaska Congressman Don Young, the House passed H.R. 748 - the Middle Class Health Benefits Tax Repeal Act. This legislation would permanently repeal the 40% tax on employer-based health insurance plans exceeding certain cost thresholds. The tax was created under Obamacare, and is often referred to as the "Cadillac Tax." If allowed to go into effect, the tax would heavily impact middle class families who may have health plans approaching the policy cost threshold. Congressman Young and bipartisan majorities in Congress have previously passed successful delays of the Cadillac Tax, which is scheduled to take effect in 2022.

"For years, Alaskans and citizens across our country have experienced the detrimental effects of Obamacare, and the fact that Democrats in Congress agreed to repeal one of the law's harmful taxes today is proof that the law was flawed from the start," said Congressman Young. "There is still much to be done to ensure our health care system is accessible and affordable to all, but today's vote is an important step to ensure that the families I represent aren't further impacted by egregious taxes leftover from the last administration. Previously, I have supported measures to repeal Obamacare's individual mandate, delayed it's onerous tax on medical devices, and have now voted to eliminate its 40 percent tax on middle-class families. I will keep working in Congress to empower Alaskans to make their own health care decisions, and to lower costs through commonsense, patient-centered reforms."

Source