Cadillac tax a potential headache for many associations
- October 16, 2015 |
- Walt Williams
Controversial provision in Affordable Care Act could mean nonprofits will need to re-examine their health insurance benefits Skelton The looming tax on so-called Cadillac health insurance plans is not just an advocacy issue many associations are taking up on behalf of members; it's one their own organizations must face. But at the moment there are few clear answers about how many associations will be affected or what the tax might mean for the benefits they provide. The "Cadillac tax" is targeted at health plans whose total annual cost exceeds $10,200 for individual coverage or $27,500 for family coverage. Total cost is the amount both employers and employees pay… Read More