FL S1600

Urges Congress to repeal the health insurance tax contained in sections 9010 and 10905 of the Patient Protection and Affordable Care Act and section 1406 of the Health Care and Education Reconciliation Act

Claims the tax will increase health insurance premiums for Florida working families by $4,881 to $7,767 on average over ten years

Projects the tax will reduce private-sector jobs nationwide by 125,000 over the next decade, with 59 percent of losses in small businesses, and reduce sales by at least $18 billion

States Florida will be among the top five states impacted, with Medicare Advantage beneficiaries facing a ten-year per-person impact of $4,181

Estimates the tax on Florida Medicaid will cost $31.6 million, with $13.1 million coming from state funds in fiscal year 2013-2014