There are three options of what might happen to the Affordable Care Act’s “Cadillac tax” before it begins to take effect in 2018. No matter which one prevails, there are steps to take now in preparation.
The 40% nondeductible excise tax on employer-sponsored high cost health coverage is technically assessed to insurers and plan administrators, but they will pass in onto the consumer, said Roger Abramson, general counsel at Ameriflex, a third-party benefits administrator.