Teamsters Support Bipartisan Effort In Senate To Repeal Cadillac Tax

WASHINGTON, July 28, 2017 /PRNewswire-USNewswire/ -- Teamsters General President Jim Hoffa applauded the efforts of Sen. Dean Heller (R-NV) and Sen. Martin Heinrich (D-NM) to repeal the 40 percent excise tax on comprehensive insurance plans included in the Affordable Care Act (ACA) and commended Senators who joined the effort and voted for repeal. Though the effort was not successful, the senators that supported repeal continue to demonstrate that they will fight for affordable health care for the middle class.

Currently, the excise tax, commonly referred to as the Cadillac Tax, places a 40 percent tax on high-quality health care plans. This tax will only hurt working men and women who will see their premiums rise as costs are passed down the line.

"Senators on both sides of the aisle are doing the right thing and fighting to repeal this harmful tax on good health care plans," Hoffa said. "I thank them for standing strong and continuing to fight for their constituents who can't afford to see their health insurance costs rise."

Founded in 1903, the International Brotherhood of Teamsters represents 1.4 million hardworking men and women throughout the United States, Canada and Puerto Rico. Visit www.teamster.org for more information. Follow us on Twitter @Teamsters and "like" us on Facebook at www.facebook.com/teamsters.

Contact: 
Galen Munroe, (202) 624-6911
gmunroe@teamster.org

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SOURCE International Brotherhood of Teamsters