House GOP leaders are eyeing a package of healthcare bills this fall that will target some of the most despised taxes under the Affordable Care Act.
Rep. Kevin BradyKevin BradyOvernight Tech: Dem wants to see FCC chief's net neutrality plans | New agency panel on telecom diversity | Trump calls NASA astronaut Overnight Finance: Tariffs on Canadian softwood lumber | Trump eyes 15 percent corporate tax rate | Border wall funding fight | Deal on vote for trade pick Trump team to meet with congressional leaders on tax reform MORE (R-Texas), chairman of the Ways and Means Committee's Health Subcommittee, said he expects a comprehensive bill repealing healthcare taxes to be ready sometime after lawmakers return from recess.
While it’s too early to say what will be included, Brady said members are gauging support for various provisions — including the repeal of the controversial “Cadillac” tax on high-cost health plans.
“No decisions have been made on that package, but I would expect that to occur after we get back,” Brady said, adding that he is “seeing where the support is at” for each provision.
When asked about several possibilities, including the Cadillac tax, Brady said: “I think all those are in the mix.” He added that the final decisions will ultimately come from the full committee and its chairman, Rep. Paul RyanPaul RyanGeorgia campaigns keep up pressure ahead of runoff vote Meet the centrist trying to strike a deal on healthcare Five key moments from Trump's first 100 days MORE (R-Wis.).
He acknowledged one piece of the bill could involve the tax treatment for health savings accounts and flexible spending accounts, which changed under ObamaCare.
It’s unclear whether President Obama would support some of the small tax-related changes to his signature policy achievement.
His administration has already been clear that it does not support eliminating the 40 percent Cadillac tax on high-cost plans. Still, there has been some bipartisan support, even from prominent ObamaCare supporters like Sen. Chris MurphyChris MurphyUS to step up support for Saudis, says Pentagon chief Dem senator: Trump 'politicizing' position of Surgeon General Top financial services lobbyist departs for trade association MORE (D-Conn.).
Brady is also planning a separate healthcare agenda around Medicare, which he said would also have to happen before next fall, adding: “The election year can get to be difficult to find the room to move these.”
The Texas Republican said his healthcare agenda has been energized by this year’s repeal of Medicare’s “doc fix,” also known as the sustainable growth rate formula.
With that bill signed into law this spring, Brady said it has freed up political energy to work on other healthcare items, such as payment reimbursements for hospitals and post-acute providers.
“Without the SGR sucking the oxygen out of the air each year, I’m convinced that on both sides of the aisle, we’ve got bipartisan improvements to make on healthcare,” he said.