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So the Cadilac Plan Tax is in the new Health Bill? [View All]

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AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-18-09 09:37 PM
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So the Cadilac Plan Tax is in the new Health Bill?
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Sen. Kent Conrad (D-N.D.) told reporters outside a caucus briefing that the bill includes a national public option with an opt-out provision for states, a tax on health insurance plans that exceed $8500 for individuals and $23,000 for families and language on abortion that does not go as far as Bart Stupak's amendment in the House. Conrad seemed supportive of the bill but would not fully commit to voting for it, saying he'd like to see amendments added.

Senate Majority Whip Dick Durbin, meanwhile, told reporters a cloture vote to bring the bill to the floor for debate (and amendments) is expected on Saturday.

http://www.dailykos.com/story/2009/11/18/805820/-Details-of-Senate-HCR-Bill-Emerge,-Reconciliation-on-the-Table

Let me know if I'm reading this correct or not. Is this a tax on the Health Insurance companies or the individual who has such a plan?
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