Patient Protection & Affordable Care Act Incorporating the Manager’s Amendment
December 19, 2009 The Congressional Budget Office released this analysis of direct spending and revenue effects of the Patient Protection & Affordable Care Act with changes proposed by a manager's amendment. The expected effect of a proposed excise tax on high-premium health insurance coverage is discussed in Table 4. A high- premium plan is defined as one that has annual premiums in excess of $8,500 for a single policy and $23,000 for a family policy. Starting in 2013, employers will pay (or pass on to employees) a 40% tax on the difference between the cost of . . .
