Business groups seek to overturn health insurance tax

05/31/2011 | American City Business Journals

Business groups are targeting provisions of the health care law, wary that the changes will hurt small businesses. The Stop the HIT Coalition wants to repeal the reform's tax on health insurance companies, saying the tax will only be passed down to small-business owners, who can't afford it. "Just like the recently repealed 1099 provision, the HIT is another example of lawmakers hindering job creation ... by passing the cost of the nation's health care bill on to the backs of small-business owners," said IFA President and CEO Steve Caldeira.

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