News
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Small Business Groups Strike Back, Form National Coalition to Stop the HIT
WASHINGTON –(Business Wire)– Small business groups from across the country announced the formation of the “Stop the HIT” Coalition, with the goal of repealing the costly Health Insurance Tax (HIT) that is set to take effect in 2014. The Coalition,… Read More
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As Tim Pawlenty Steps Into Presidential Race, Democrats Step Up Attacks (The Note)
For a while now, Tim Pawlenty has been chomping at the bit to jump into the presidential race, and today he made it official in an appearance on ABC’s “Good Morning America.” “I’m running for president because I can tackle… Read More
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The Daniels decision: Winners and losers
Indiana Gov. Mitch Daniels‘ shook the political world by removing himself from the 2012 presidential raceearly Sunday morning – a decision with wide-ranging implications for the GOP nomination fight. Daniels had become the hottest thing in the Republican race over… Read More
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Businesses Looking At Potential Costs Of New Healthcare Tax
JENNINGS, LA (KPLC) – Like many other businesses, Leevac Shipyards LLC in Jennings say they practice corporate responsibility, providing a comprehensive insurance plan to each of their roughly 500 employees, even self-managing a company-wide wellness program. “When we look at… Read More
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Local Shipyard Concerned About Effects Of New Health Insurance Tax
JENNINGS – Managers at a local shipyard said Tuesday they are concerned about the effect of a new health insurance tax included in the Patient Protection and Affordable Care Act, also known as Obamacare. “It is going to have a… Read More
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Ohio Dept. Of Insurance: Obamacare To Increase Individual-Market Health Premiums By 88 Percent
Democrats continue to try to dismiss the evidence that Obamacare will dramatically increase the cost of insurance for people who buy it on their own. But on Thursday, the Ohio Department of Insurance announced that, based on the rates submitted… Read More
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Stakeholders Seek Tax Exclusion For Premiums Used To Cover ACA Fee
Key business stakeholders are urging the IRS to abide by “long-standing” tax policy and allow insurers to exclude payment collected for the purpose of paying the health law’s insurance fee from gross income, arguing that should regulators decided to “tax… Read More
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NY Farm Bureau president Dean Norton testifies before Congress
WASHINGTON, DC – New York Farm Bureau President Dean Norton of Elba asked members of the House Small Business Committee Thursday to support the repeal of the Health Insurance Tax (HIT Tax). Testifying before the Subcommittee on Health and Technology,… Read More
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Subcommittee chaired by Collins examines health insurance tax
Press release: House Small Business Subcommittee on Health and Technology Chairman Chris Collins (NY-27) today led a hearing to examine the economic effects of the upcoming health care law’s insurance tax on small businesses. Beginning in 2014, the health care… Read More
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Critics Attack Health Insurance Tax
WASHINGTON – A tax that’s designed to partly fund health care reform could actually prompt some small businesses to stop offering health insurance, witnesses said Thursday at a congressional hearing convened by Rep. Chris Collins, R-Clarence. The health insurance tax… Read More