At AHIP's annual State Issues Conference, Ms. Ignagni called the tax "one of the largest and more important barriers" to healthcare affordability, according to the report. Under the healthcare reform law, health insurers must pay the excise tax or annual fee starting in 2014.
The tax will result in an estimated $15 billion in fiscal years 2014 and 2015. AHIP has pushed to repeal the tax, saying the revenue could come from lower-than-expected health insurance premium increases and delivery reforms instead.
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