Obamacare's
Companies want to kill it. Unions hate it. Republicans want to eliminate it. Some Democrats agree. We're talking about the much-reviled Obamacare Cadillac tax, which is set to levy a hefty 40% excise tax on employer health plans that are considered …
The Cadillac tax contained in the Affordable Care Act (ACA) represented an attempt to remedy a major problem with health care and tax policy – the exclusion of the cost of employer-sponsored insurance (ESI) from both income and payroll taxes …
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Reid and Pelosi have been talking since the spring with President Obama about repealing the “Cadillac tax” on employer healthcare benefits, a senior Democratic aide confirmed on Friday. “Point is, they both want to get this done,” the Democratic aide said.
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On the one hand, when opponents of the Cadillac Tax were told that it could help lower overall health-care costs in the United States, 27 percent changed their minds about the levy, "pushing overall support [for the tax] … to 55 percent," Kaiser said.
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An interesting little point about the economics assumed by the “cadillac tax” in the ACA, or Obamacare. Please note, this isn't about the reforms themselves, nor what we should be doing about health care. That's not my remit at all. However, there's a …
For employers, the big ogre still lurking in the mists of the Affordable Care Act is the so-called Cadillac health plan tax, a levy on employer-sponsored health insurance plans valued above a certain threshold. The tax starts in 2018, when the …
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The Cadillac tax is meant to lower the nation's healthcare tab by discouraging companies from offering overly generous health plans. But Obamacare's many mandates will eventually make every plan so costly that it qualifies as “overly generous.”.
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Though employers won't have to pay the “Cadillac tax” on rich medical plans until 2018, they are mitigating potential financial hits from it by spending more on wellness and shifting workers to high deductible plans so employees think twice about using …
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The Cadillac Tax is a surcharge on expensive health care plans. It's a crucial provision of Obamacare, bringing in much-needed revenue and trying to curb the incentive for employers to offer outlandish insurance plans to their workers. But it doesn't …
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