Here are four takeaways:
1. The advisor said President Obama will make his proposal when he details his 2017 budget plan next week.
2. In his proposed plan, the president would increase the threshold where it takes effect in areas where healthcare is especially costly.
3. The “Cadillac tax” has incited fierce opposition from labor unions that claim the tax encourages employers to cut back on employees’ health insurance plans.
4. Intended to help pay for the Affordable Care Act, the president’s tax was projected to raise nearly $87 billion a year.
More healthcare news:
7 things for ASC leaders to know for Thursday — Feb. 4, 2016
What payer consolidation means for ASCs — And how to conduct business moving forward
The Center for Minimally Invasive Surgery in Illinois partners with SCA: 5 key notes
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.