Four pro-business advocacy groups and a major health insurer have launched a campaign designed to derail the federal health insurance tax set to go into effect on Jan. 1.

Calling itself The Affordable Coverage Project, the new organization was created by the U.S. Chamber of Commerce, National Association of Manufacturers, National Retail Federation, the National Association of Health Underwriters, and America's Health Insurance Plans.

Its website is replete with dire warnings about the hit that small businesses in particular will take from the tax. Families will pay thousands more over the next decade because of the tax, and those covered by Medicare will take a financial beating as well, the site says.

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Dan Cook

Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.