A new plan by senior House Democrats sounds interesting. They're proposing to tax insurance companies that offer high-end health insurance policies.
In the end, I think, you have to raise taxes somewhere to make sure this things stays out of trouble in the future.
The propose tax on insurance companies would target individual plans valued at more than a certain limit, likely $25,000 or higher. Democrats hope to raise about $180 billion over ten years and this will enable the House to lower the surtax on wealthy households as found in the current House version of the bill.
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