On Monday, January 22, Congress passed and President Trump subsequently signed bill H.R. 195 to fund the government through February 8, 2018. As part of the bill, the implementation of the Cadillac Tax on high-value health insurance plans will be delayed for two years, from 2020 to 2022. The bill also implemented a one-year moratorium of the Health Insurance Tax (HIT), effective for 2019 only. It's important to note that the HIT is in effect for 2018.
In addition, funding for the Children's Health Insurance Program (CHIP) was renewed for six years and a two-year delay (2018-2019) of the Medical Device Tax was also implemented.
