All of the following are part of the "taxes" provision of the Patient Protection and Affordable Care Act (ACA) except

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Quizplus · Accepted Answer

The statement in option C is incorrect. Beginning in 2018, the ACA imposes a 40% excise tax on high-cost employer-sponsored health coverage, also known as the "Cadillac tax." This provision aims to reduce the use of high-cost health insurance plans, which can drive up healthcare spending. The other options are correct, stating that the ACA imposes new taxes on pharmaceutical and health insurance companies, investors earning more than $200,000, and workers earning more than $200,000, who will have their share of the Medicare payroll tax increase.

All of the Following Are Part of the "Taxes" Provision