Prescription for Change: Tax Issues in Health Care Reform |
With President Barack Obama's administration underway, health care reform is rapidly moving from a campaign promise to a political reality. The Senate Finance Committee and the House Ways and Means Committee are expected to mark up their respective health care tax bills in July. Non-tax provisions are also being drafted in other congressional committees with jurisdiction. Leaders in the House and Senate have indicated that comprehensive bills will be ready in their respective chambers by the beginning of August and the president has asked Congress to send him a completed package by October 1.
Taxes have become a critical component of the discussion as Congress grapples with covering the estimated $1 trillion-plus cost of significantly expanding coverage of the uninsured and the underinsured. For now, uncertainty lingers about the exact tax financing options, but with congressional action imminent, the major tax components of health care reform legislation will emerge quickly.
"Prescription for change: Tax issues in health care reform" explores the role of tax as the legislative process unfolds. It also describes the issues presented by the broader reform debate in very general terms. It does not attempt to define the health care debate or predict its outcomes, rather, it identifies where and how tax issues could arise and considers how corporate tax departments might begin planning for the coming change.
Related Content
Article: Deloitte Tax: Obama Budget Proposal Resource Center
Overview: Deloitte Center for Health Solutions
Overview: Health Care Providers
Last updated
Prescription for Change: Tax Issues in Health Care Reform
(2503.32 KB)
