February 3, 2018

3 Affordable Care Act Taxes Postponed by Congress

A short-term government funding bill, which was signed into law recently, suspends three health care related taxes. These are the 40% Cadillac tax on employers that offer generous health insurance coverage, the 2.3% medical device tax and an annual excise tax on health insurance providers. Here are the details, including an update about the health coverage mandates for individuals and certain employers.