'An everybody issue': Roundtable in Utica discusses health insurance tax - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
August 28, 2019 Newswires
Share
Share
Post
Email

‘An everybody issue’: Roundtable in Utica discusses health insurance tax

Observer-Dispatch (Utica, NY)

UTICA -- U.S. Rep. Anthony Brindisi is sponsoring a bipartisan bill to eliminate a health insurance tax set to go back into effect next year.

The bill is backed by a group of local business owners and government officials from four counties who gathered Wednesday for a roundtable discussion of the issue with Brindisi, D-Utica, at Zetlin's Lounge in the Adirondack Bank Center at the Utica Memorial Auditorium in Utica.

If it goes into effect, the tax would hit people who buy their own health insurance, small businesses and seniors in Medicare Advantage plans the hardest, Brindisi said. But the pain won't stop there, he said.

"The worry is that everyone around the table is going to feel the impact," he said.

The tax, created by the Affordable Care Act, grows larger each year, but was put on moratorium in 2017 and again this year. It is paid by health plans, but is expected to be added to the price of premiums.

Brindisi introduced the bipartisan Jobs and Premium Protection Act in the House of Representatives on May 1. It is identical to legislation introduced to the Senate by Wyoming Republican John Barrasso in January.

"It isn't a left or right issue. It's an everybody issue," said Lynn Krogh, a principal with the Casale Group in Cooperstown.

All costs keep going up for Allied American Abstract Corporation in Utica, and the health insurance tax would just be another increase, said owner Michael Gigliotti. That makes hiring difficult, he said.

"We'd like to get back on track and start hiring again," he said.

AX Enterprize, a defense contractor in Yorkville and Rome, is competing nationally with firms like Google to recruit employees, she said. The tax and the resulting higher health care costs would take away money, she said.

"Every little bit that we can reinvent in benefits or perk is helpful," she said.

New Hartford realtor David Paciello said the area is seeing investment, relocations and high-paying jobs right now.

"We have the best real estate market we've ever had. ... Anything like this could only hamper that growth," he said.

The ACA did some good work, establishing things like protections for pre-existing conditions and a list of essential benefits that have to be covered, Brindisi said. But some fixes are needed to keep costs down, including the elimination of HIT, he said.

"I don't think anyone should have to worry about going out of business because they can't afford their health insurance," Brindisi said.

New York businesses need all the help they can get to keep costs down given what high costs they already face in the state, agreed Assemblyman John Salka, R-Brookfield.

"This (tax) is going to hit New York businesses hard and they're already getting hit hard," he said.

Salka, a respiratory therapist by training, also warned that anything that affects health care costs "screws things up" in health care. For example, if people lose coverage because of the higher cost, they'll end up in emergency rooms, getting more expensive care for which the hospitals will likely end up paying, he said.

The Affordable Care Act, on paper, shouldn't have cost Oneida County money -- but it did, said Oneida County Executive Anthony Picente Jr. Rules about insurance coverage in the act forced the county to hire employees to perform work that had previously been contracted out, he said.

These things always have ripple effects that end up hitting everyone, he said.

"Any insurance increase, down the line, gets to everybody," Picente said.

Contact reporter Amy Neff Roth at 315-792-5166 or follow her on Twitter (@OD_Roth).

___

(c)2019 Observer-Dispatch, Utica, N.Y.

Visit Observer-Dispatch, Utica, N.Y. at www.uticaod.com

Distributed by Tribune Content Agency, LLC.

Older

The Latest: N Carolina House rivals launch health care hits

Newer

Almost two years after Hurricane Maria, Puerto Rico may face crucial test from Dorian

Advisor News

  • A rising retirement challenge: The license to spend
  • Financial stress leaves less room for retirement saving
  • Giving while you’re living: 3 frequently asked questions about gifting
  • Helping clients prepare for one of their biggest retirement expenses
  • Important year-end financial conversations every advisor must have
More Advisor News

Annuity News

  • A rising retirement challenge: The license to spend
  • What lower interest rates mean to annuity payouts
  • AM Best downgrades A-Cap insurers amid financial and regulatory troubles
  • Lawsuit claims Delaware Life hid billions in insurer-linked investments
  • AM Best to Deliver Presentation at 2026 ACLI Annual Conference
More Annuity News

Health/Employee Benefits News

  • Healthcare workers see rising insurance costs
  • Norwood Davis, former CEO of health insurance giant Trigon, dies at 86
  • Soaring cost of health insurance also pinching healthcare workers
  • UNDERSTANDING YOUR COVERAGE: DIFS SHARES INSURANCE GUIDANCE FOR BREAST CANCER AWARENESS MONTH
  • ICYMI: SUNUNU'S "TIES TO THE HEALTH INSURANCE INDUSTRY MAY BE A DRAG" ON HIS CAMPAIGN
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Study Results from Cornell University in the Area of Insurance Reported (Regulatory Competition In the Us Life Insurance Industry): Insurance
  • AM Best Comments on Issuer Credit Ratings of Pacific Life Insurance Company’s Commercial Paper Following Amendment to Program
  • AM Best Affirms Credit Ratings of Protective Life Corporation and Its Key Subsidiaries
  • ICICI Life Insurance names Sidharatha Mishra managing director, CEO
  • Lawsuit alleges companies collected $30 million in ‘illegal wager on human life’
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.