Business Lobby Pushes Against GOP Plan To Cap Tax Exclusion For Employer-Sponsored Plans

Business groups are balking at the House Republicans’ suggestion of a cap on the tax exclusion for employer-sponsored health benefits, saying it would do more harm than good to the job market. The GOP couched the idea as capping the exclusion “at a level that would ensure job-based coverage continues unchanged for the vast majority of health insurance plans,” according to a health reform white paper publicized Wednesday (June 22). Steve Wojcik, vice president for public policy at the...