It is imperative that Congress protects the employer-sponsored healthcare system for the 177 million Americans who depend on it. As a result, the Big “I" strongly opposes the Affordable Care Act's “Cadillac tax". The “Cadillac tax" assesses a damaging 40% tax on employer-provided health plans that exceed a fixed annual cost. In addition to repealing the “Cadillac tax", the Big “I" also supports excluding agent compensation from the Medical Loss Ratio (MLR) formula in the Affordable Care Act. As such, the association supports both legislative and regulatory efforts to exclude agent compensation from the MLR.
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