Q: How will healthcare reform be paid for?

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Answer:

The healthcare reform law establishes five new taxes and fees. Insurance companies pass these costs on to consumers in their health insurance premiums. In addition, the law puts in place a number of other taxes, including a tax on tanning salons and a tax on medical devices in order to create new revenue to cover ACA-related costs.

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Linda V. Tiano

Member of the Firm at Epstein, Becker, and Green in Washington, DC and New York

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David Randall

Senior Vice President of Strategic Planning and Business Development at the University of Alabama at Birmingham Health System.

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Marti Lolli

Director of Health Care Reform at Priority Health in Michigan.

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