Rising health care costs stand in the way of increasing wages, hiring new employees, purchasing new equipment and making other needed investments that keep manufacturing production competitive. One driver of these cost increases is the Health Insurance Tax, a multi-billion dollar tax on fully insured health plans.
Take action and urge Congress to help manufacturers maintain a healthy workforce and continue doing right by their employees by eliminating the Health Insurance Tax.
Without repeal, manufacturers will continue to struggle with rising healthcare costs, as the Health Insurance Tax obligation will lead to rising premiums, impacting fully-insured employers and their employees. With 98 percent of manufacturers providing health insurance, the repeal of this tax is an industry priority.
You can look at a study on how manufacturers are impacted by taxes on employee benefits here.
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