New taxes on industry will raise costs, report finds

12/6/2012 | Hill, The · FierceHealthPayer

A tax on the health insurance industry could raise the costs paid by families for insurance coverage by as much as $7,000 over 10 years, according to a report commissioned by AHIP. “With full implementation of the ACA a year away, the focus needs to be on making coverage more affordable,” said AHIP President and CEO Karen Ignagni. “Taxing health insurance will have the opposite effect by making it more expensive.”

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Hill, The · FierceHealthPayer

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