The President's 2017 budget will recommend improvements in the "Cadillac tax" -- the excise tax on high-cost health insurance plans. While some suggest repealing the tax, reforming it to preserve most of its revenues and its ability to slow health care cost growth makes far more sense. The President's proposal, which Council of Economic Advisers Chairman Jason Furman and the Council's Chief Economist, Matthew Fiedler, previewed in this week's New England Journal of Medicine,represents just such a reform and deserves serious consideration.
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