Quote of the Day

“I think it is going to be hard to find compromise [on the ACA’s so-called Cadillac tax, because it] has a long [2018] phase-in, which gives people time to adjust. It starts out quite high. The key is to develop regulations that distinguish plans that are costly because they are very generous from plans that are costly because a lot of sick or old people are covered….” — Henry Aaron, Ph.D., a senior fellow in economic studies at the Brookings Institution, told AIS’s Health Plan Week.