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January 15, 2010

Obama, Unions Agree on Taxing Insurance Plans
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The Obama administration and major labor unions have reached an
agreement on taxing high-cost health insurance plans. The tax would help
fund expanding health insurance under the healthcare reform measure. But
it had come under opposition for targeting insurance plans that unions
have won in exchange for lower wages and benefits. Under the deal, union
members would be exempt from the tax until 2018, five years after the
health bill would take effect.



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