On July 24, the House passed a series of tax-related health care bills, repealing the medical device tax and expanding the scope of Health Savings Accounts. The lower chamber’s consideration of these bills comes at a time when health care is an increasingly contentious issue.
Since the GOP’s failed attempt to repeal the Affordable Care Act last year and the elimination of the individual mandate in the Tax Cuts and Jobs Act, Republicans and Democrats have struggled to find common ground on health care issues, instead playing a dangerous game of hot potato, passing blame back and forth. Though both parties have attempted to outline policies that address escalating health care costs for consumers, they are ultimately unable to reach a consensus on how to address this and the other obvious gaps in the system.
Click on the PDF above to read the entire article, published in Law360.