Members of the House of Representatives have introduced a bill that would repeal a tax on health insurance companies, The Hill reports.
Republican Charles Boustany Jr. and Democrat Kyrsten Sinema are attempting to get rid of the tax, which was implemented as part of the Patient Protection and Affordable Care Act in March 2010.
The tax is expected to raise $14.3 billion in 2018, up from $8.0 billion in 2014.
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Executive Editor
Tim Casey joined TriMed Media Group in 2015 as Executive Editor. For the previous four years, he worked as an editor and writer for HMP Communications, primarily focused on covering managed care issues and reporting from medical and health care conferences. He was also a staff reporter at the Sacramento Bee for more than four years covering professional, college and high school sports. He earned his undergraduate degree in psychology from the University of Notre Dame and his MBA degree from Georgetown University.