Chamber Calls For Congress to Stop 'HIT'

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INDIANAPOLIS -

The Indiana Chamber of Commerce is urging Congress to take action on a measure she says would be a "detriment to employers." Vice President of Federal Affairs Caryl Auslander says a provision of the Affordable Care Act is slated to kick in at the beginning of the year and could cost some business owners throughout the state an estimated $500 a year per employee. The Health Insurance Providers Fee, also known as the Health Insurance Tax or HIT, has been on a two-year moratorium and is designed to help cover federal costs associated with the ACA.

In an interview with Inside INdiana Business, Auslander described who would have to pay more if the fee is enacted. "This would mostly affect small businesses and small employers, I believe, under the 50-employee threshold," she said. "But what's hard for them is that they want to create a budget. They're working to try to keep their doors open and their lights on and take care of their employees and it's hard to do when they're not sure what they have to budget for."

Senator Joe Donnelly (D-Ind.) recently co-sponsored a bill that calls for another two-year moratorium on implementation of the fee. The Indiana Chamber has tabbed action to delay "HIT" a legislative priority at the federal level.

Indiana Chamber Vice President of Federal Affairs Caryl Auslander described who would pay more if the fee is enacted.
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