Employers Delaying Changes to Health Plans in Hopes of ‘Cadillac Tax’ Repeal, Survey Finds
Many employers are holding off on changes to their health plans in the hopes that Congress will repeal the Affordable Care Act's "Cadillac tax," according to a survey conducted by the National Business Group on Health. Under the ACA, employers that offer health plans with annual premiums of more than $10,200 for individuals or $27,500 for families will pay a 40% excise tax on the portion of the premiums that exceeds those thresholds. The tax is set to take effect on Jan. 1, 2018.
- "Biz Taking Wait-And-See Approach on ObamaCare Tax Repeal" (Sullivan, The Hill, 8/12).