Taxes on health insurance have grown dramatically over the last 20 years – now totaling $5.2 billion. With employers responsible for a significant portion of the private health insurance premiums, the state taxes on private coverage are viewed as “hidden” business taxes. They are already the largest business tax that employers and individuals pay.
Other policy issues:
Skyrocketing prescription drug costs continue to be largest driver of health insurance costs.
Rising hospital costs
Hospital systems are increasing costs for services while trying to avoid transparency regulations.