Vermont Senator Introduces Bill To Kill Health Care Excise Tax

September 28, 2015


 

In early July, VSEA’s Week In Action reported that representatives of nearly all VSEA’s Bargaining Teams were at the Best Western in Waterbury to meet with each other and representatives of the State and Vermont’s congressional delegation to discuss the ramifications of the federal Affordable Care Act’s (a.k.a. Obamacare) proposed excise tax on “high-cost” health care plans, which is being imposed in 2018. At the meeting, VSEA and the State mutually agreed there were real concerns about the tax’s adverse impact to some 60% of Vermonters who have health care plans deemed to be "too rich with benefits." This group includes VSEA members, teachers and other Vermont union members, as well as a large number of Vermonters working in the private sector. To help avert damage from the tax, Vermont Sen. Bernie Sanders announced this week that he is teaming with allies from across the aisle to introducing legislation to repeal it. Sanders’ bill would impose a surtax on the wealthiest Americans to make up for an anticipated shortfall if the excise tax is repealed.


Week In Action will keep members updated on any developments around Sen. Sanders’ legislation to repeal the excise tax on health care plans. Subscribe to VSEA’s Week In Action here!

 

 

 

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