Hillary Clinton called for repealing the “Cadillac tax” on certain healthcare plans as part of a series of changes she wants to make to President Obama’s Affordable Care Act.
This is an excise tax imposed on $10,200 for individuals and $27,500 for family coverage. It is unpopular with many labor unions.
While Clinton contends that she believes the ACA, better known as Obamacare, works well and has helped millions of Americans gain health insurance, she believes new reforms could strengthen it.
“Too many Americans are struggling to meet the cost of rising deductibles and drug prices,” Clinton wrote in a Tuesday statement. “That’s why, among other steps, I encourage Congress to repeal the so-called Cadillac Tax, which applies to some employer-based health plans, and to fully pay for the cost of repeal.”
As first lady in the 1990s, Clinton once proposed her own health care reform plan. She would cover the costs of repealing the Cadillac tax through other reforms to the healthcare system, while additionally curbing the rising prices of prescription dugs and other out-of-pocket expenses.
Clinton concluded, “As President, I will continue to fight to make our health care system more value-driven and cost-efficient, and to drive down costs for patients and families.”
