Dive Brief:
- Healthcare industry giants are coming together to fight the "Cadillac tax," the upcoming ACA tax on high-cost health insurance plans.
- The group, named the Alliance to Fight the Forty, is comprised of more than a dozen pharmaceutical companies, health insurance plans and unions that include Pfizer, Blue Cross Blue Shield and the Laborers International Union, reports The Hill.
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Opposition is stepping up following the Supreme Court's recent decision upholding the Affordable Care Act in June.
Dive Insight:
Now that there are no more major legal challenges pending against the ACA, lobbyists are taking aim at specific components they consider unfavorable.
As noted by The Hill, some unpopular provisions like the Cadillac tax have garnered bipartisan support for repeal.
The 40% tax would apply to health plans worth more than $10,200 for individual coverage or $27,500 for family coverage. While supporters argue it will only affect wealthy Americans, opponents argue it will also impact middle-class Americans in regions with higher healthcare costs such as New England and the West Coast.