The Bipartisan Policy Center asked TPC to estimate a proposal to replace the excise tax on high-cost health insurance plans with a limit on the exclusion for employer-provided health benefits and repeal of medical flexible spending accounts. TPC estimates the BPC proposal would increase revenues in the near term, but lose revenues over the long-term. In 2025, the BPC option that is effective in 2017 would impose the largest increased tax burdens as a share of after-tax income on households in the middle and fourth income quintiles.