That lesson came to mind this morning when the FEHBlog read the Hill's headline that Congress is on the verge of delaying the 40% excise tax on high cost employer sponsored health plans for two years (from 2018 to 2020). The reports notes significantly that
The White House has opposed repealing the tax, but officials have signaled that President Obama would not veto the package over a two-year delay.A two year delay would be a big relief for FEHBP carriers and other employer group health plan sponsors and insurers.
Here's a link to the latest Hill article on the appropriations and tax extender bill negotiations. "Negotiators were settling the final details of the deal late Tuesday, setting up a House vote as soon as Thursday." The whole enchilada should be wrapped up this week. Congress likely will need another brief extension of the continuing resolution funding the federal government in order to complete its work.
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