The House of Representatives this week will vote on H.R. 748, the Middle Class Health Benefits Tax Repeal Act of 2019. It is expected to pass the House by a wide, bipartisan margin.

H.R. 748 repeals the so-called “Cadillac Plan tax,” one of the big tax hikes that paid for Obamacare. The Cadillac Plan tax imposes a 40% excise tax on very expensive health insurance policies. The tax was meant to be a sort of proxy for limiting the tax benefit for employer-provided health insurance (for example, labor union plans and those in high-regulation states), to the extent the coverage is on the outer margins of cost. The tax has never gone into effect, and is currently delayed until 2022.

Recommended Stories

Obamacare supporters now seizing on rate increases to go after GOP

House bill to delay or repeal parts of Obamacare would cost nearly $52B: CBO

CBO: 23 million uninsured but $119 billion deficit with revised healthcare bill