Bill hiking taxes on health maintenance organizations in TN on the way to Haslam

Tennessee Capitol
Tennessee Capitol
photo Tennessee Capitol

NASHVILLE -- A bill hiking taxes on health maintenace organizations doing business in Tennessee is on it's way to Gov. Bill Haslam.

The House approved the administration bill on a 74-16 vote.

It boosts the tax from 5.5 percent to and is estimated to raise $33.5 million.

About $9.5 million of that would go into the state's TennCare program and draw $17.8 million in federal matching funds.

The senate has already passed the bill.

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