House votes to repeal Obamacare's ‘Cadillac tax'

Modern Healthcare: The House voted Wednesday to repeal the Affordable Care Act's "Cadillac tax", the only policy on the books targeting the employer tax break that is the bedrock of the U.S. healthcare system.

This 40% excise tax on high-cost employer plans has never taken effect, but a full repeal would come with a hefty $200 billion price tag. House lawmakers passed it 419-6 without any way to pay for it.

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