Its never too early for employers to examine ways they can minimize their exposure to the 40% excise tax slated to take effect in 2018 on so-called Cadillac-style health plans under the Affordable Care Act. The recommendation comes courtesy of Sibson Consulting, whose 2014 First Quarter Issue of Trends addressed the issue.
This is going to be a big deal, says David Johnson, a vice president and senior health consultant with Sibson, noting that it could potentially cost employers a lot of money with a 40% excise tax being applied to amounts over the [ACA] thresholds.
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