The HIT

The Health Insurance Tax—or HIT—is a multi-billion dollar tax imposed on health insurance premiums for poor and middle class workers, seniors, small businesses, and Medicare and Medicaid beneficiaries. The HIT has made healthcare less affordable for those most in need of relief.

In December 2019, a bipartisan group of small business champions, House and Senate leadership and the Administration came together to fully repeal the Health Insurance Tax once and for all. Beginning January 1, 2021, small business owner and their employees and middle-income families will no longer have to pay a nearly $500 surcharge on their health coverage.

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