You are the news now

THE NEWS COMMENTER

Screenshot Npr.org
VOTE  (0)  (0)

Want New Taxes To Pay For Health Care? Lessons From The Affordable Care Act


Added 11-19-19 01:06:02pm EST - “When passing the ACA, Democrats touted the fact that they had included many measures to pay for the bill's expanded coverage. But nearly 10 years later, Congress has eliminated many of those taxes.” - Npr.org

CLICK TO SHARE

Posted By TheNewsCommenter: From Npr.org: “Want New Taxes To Pay For Health Care? Lessons From The Affordable Care Act”. Below is an excerpt from the article.

A demonstrator celebrated outside the U.S. Supreme Court in 2015 after the court voted to uphold key tax subsidies that are part of the Affordable Care Act. But federal taxes and other measures designed to pay for the health care the ACA provides have not fared as well. Andrew Harrer/Bloomberg via Getty Images hide caption

A demonstrator celebrated outside the U.S. Supreme Court in 2015 after the court voted to uphold key tax subsidies that are part of the Affordable Care Act. But federal taxes and other measures designed to pay for the health care the ACA provides have not fared as well.

It was a moment of genuine bipartisanship at the House Ways and Means Committee in October, as Democratic and Republican sponsors alike praised a bill called the "Restoring Access to Medication Act of 2019."

The bill, approved by the panel on a voice vote, would allow consumers to use their tax-free flexible spending accounts or health savings accounts to pay for over-the-counter medications and women's menstrual products.

Assuming the measure ultimately finds its way into law, it would also represent the latest piece of the Affordable Care Act's financing to be undone.

Read more...

Post a comment.

Anonymous comments are welcome, just check the "Comment Anonymously" box before submitting your comment. Note: Comments are free and open until someone ruins it. Don't dox, promote violence, etc. Be nice and have fun.

CLICK TO SHARE

BACK TO THE HOME-PAGE