Chris Reader: Health insurance tax could boost WI premiums by over $370M

The column below reflects the views of the author, and these opinions are neither endorsed nor supported by
Wisconsin employers face health insurance premium increases of more than $370 million beginning in 2020 if Congress does not act once again to delay the Health Insurance Tax (HIT) this year.
Introduced as part of the Affordable Care Act (ACA), the HIT is basically a sales tax on health insurance coverage that would hit employers and consumers with higher premiums.
Thanks to bipartisan action by Congress, the HIT was suspended for 2019. But, the one-year moratorium is sche...

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