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leftstreet

(41,266 posts)
4. Well, the reality is some employers have a point
Thu Aug 29, 2013, 01:10 PM
Aug 2013

From the link:

'Cadillac' tax: Starting in 2018, employers who offer rich benefit plans -- where the total premium will cost more than $10,200 for an individual plan or $27,500 for family coverage -- will have to pay the so-called Cadillac tax, a 40% tax on the amount over the threshold. This tax is prompting companies to shift more medical expenses onto employees, which not only brings down the price of the premiums, but also pushes employees and their spouses to consider other options available to them, said Sandy Ageloff, senior consultant with Towers Watson, a professional services firm.


Although it's not the employers who will suffer. They'll just drop coverage

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