Congress Urged to Delay the Health Insurance Tax

Local business leaders met recently at the Knoxville Chamber to discuss how the health insurance tax, or HIT, will impact Tennessee small businesses in 2018 if it is not delayed immediately by Congress. Business leaders called on the state’s senators and representatives in Congress to lower premiums and provide financial relief to the state by ensuring that the HIT does not go into effect in 2018. “Time is of the essence to delay this tax again,” said Terry Turner, chairman of the Knoxville Chamber and the owner of All Occasions Party Rental. “We are all making insurance decisions in...

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