More and more employers are looking to wellness programs to help relieve the expected burden of the Affordable Care Acts excise tax on their high-cost plans. While 35% have already taken action to add or improve these supplemental programs, approximately 47% say they are considering this option, according to a new employer survey from Mercer.
In a webinar Wednesday, the global consulting firm says that trepidation facing the excise tax, commonly known as the Cadillac Tax, is a significant concern and very significant concern among the 723 employers surveyed in the January-to-February survey on health care reform.
