A coalition of benefits brokers, employer groups and benefits groups organized by Neil Trautwein is trying to ward off any efforts to weaken the current federal income tax exclusion for employer-sponsored health benefits.
The coalition, the Partnership for Employer-Sponsored Coverage, or P4ESC, has written to the leaders of the House and the Senate to oppose moves to cap the exclusion to increase federal tax revenue and help narrow the federal budget deficit or offset the cost of other federal tax cuts or federal program funding increases.
The P4ESC coalition fears that "no matter how carefully crafted a cap on the tax exclusion may be, there is no logical limiting principle to a cap," according to the letter. "Future Congresses could well return to the tax exclusion to generate additional savings."
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
