IPFS News Link • Healthcare
Dem Senator Warns of 'Big, Big Tax' on Middle Class in Baucus Bill
• ABC NewsThe Baucus proposal would impose, starting in 2013, a 35 percent excise tax on insurance companies for "high-cost plans" -- defined as those above $8,000 for individuals and $21,000 for family plans.
Health economists believe a tax on high-priced benefits could help slow the growth of health costs by making consumers more sensitive to prices.