“The Council for Affordable Health Coverage (CAHC), a coalition of insurers, drug makers and employers — including the Chamber — also raises concerns about the rule. In a joint comment letter with the Health Benefits Institute, which advocates for non-ACA insurance products, CAHC says while it appreciates the administration’s work to fix the glitch, the rule would undermine job-based coverage, erode options and increase costs for families that stay on the employer plans.
“We believe that a solution to this issue should avoid unintended detrimental effects to the employer market, and the IRS should reconsider its approach. While in some cases this proposal may result in savings for some families, pushing more people into government subsidized coverage is not a win for the country. ACA plans, in general, have much higher deductibles than many employer plans and the trend has shown increasing deductible,” CAHC and HBI wrote.”