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Tuesday, May 19, 2015

More Lunacy : Health law tax passed along to states

http://www.wral.com/inside-washington-health-law-tax-passed-along-to-states/14652297/

As Alice in Wonderland might say, a curious tax just got curiouser. The burden to states could mount to $13 billion in less than a decade.
The Health Insurance Providers Fee was aimed at insurance companies. The thinking went: Because insurers would gain a windfall of customers, they ought to help pay for the expansion of coverage. Insurers say they have raised prices for individuals and small businesses to cover the new tax.

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