Thanks to Obamacare, Health Insurance Company Execs Are No Longer Receiving Taxpayer Giveaways for Exorbitant Pay

August 29, 2014

Runaway executive pay at health insurance companies will no longer be subsidized by taxpayers, thanks to a little-known provision in the Affordable Care Act, more commonly known as Obamacare. The provision, which lowered the tax break for executive pay to $500,000 for health insurers, yielded the federal government about $72 million in additional revenue in 2013, according to a new report by the Institute for Policy Studies (IPS), “The Obamacare Prescription for Bloated CEO Pay.” 

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