The Bottom Line: Understanding the Health Insurance Excise Tax
CRFB.org - The ... - October 26, 2009 - 4:16pm
The health care reform bill recently passed by the Senate Finance Committee relies on a $200 billion health insurance tax to help fund the costs of expanding health insurance coverage. Although there are some exceptions, the policy generally imposes a 40% excise tax on each dollar of health insurance premium beyond $8,000 for an individual or $21,000 for a family...
