ADF

Tag Archives: health insurance

Lanhee Chen: After Tax Reform: Return to Health Care

Tax Reform

Tax reform legislation signed into law by President Trump in December, which will lower taxes for most Americans this year, unfortunately did nothing to stop billions of dollars in new taxes under Obamacare from hitting millions of Americans in the wallet.

One example is the Obamacare health insurance tax, which is being paid for directly by consumers, in the form of higher premiums. So millions of us will take a direct hit, even though most people who will be paying for the tax increase don’t even realize it.

Over the next 10 years, individual market beneficiaries will pay over $2,000 more in premiums; families getting their coverage through small employers will pay over $6,000 more; and Medicare Advantage members will pay over $3,000 more.

Although Republicans did not create ObamaCare, they are in a golden position to end this tax and help bring down premiums. A failure to do so may hurt congressional Republicans when they come before the voters in this November’s midterm elections.

And that’s a risk they shouldn’t take.

Read More »

Lanhee Chen: Congress Should Give Opportunity To The Laboratories Of Democracy

Tax Reform

A consensus is emerging on Capitol Hill about the need to fund Obamacare’s cost-sharing subsidies, which help working-class Americans buy health insurance. The question is what fundamental reforms conservatives should get in return.

In my view, they should focus on giving states greater flexibility to design their own health reforms. There’s actually a part of Obamacare that allows states to receive federal money in a lump sum and to waive or revise many of Obamacare’s most noteworthy provisions, including its mandates, the structure and administration of subsidies provided by it and covered benefits . Conservatives should focus on making it easier for states to qualify for these waivers, so we can move away from the one-size-fits-all system that Obamacare created.

We are on the cusp of a rare health care bipartisan agreement. Still, conservatives will (and should) insist on fundamental changes to Obamacare as part of the deal. In so doing, they should aim for an approach that will truly give more states the opportunity to become what Justice Louis Brandeis once called “the laboratories of democracy.”

Read More »