(Bloomberg) — Large employers are increasingly putting an end to their most generous health-care coverage as a tax on Cadillac insurance plans looms closer under the Affordable Care Act.
Employees including bankers at JPMorgan Chase & Co. and college professors at Harvard University are seeing a range of moves to shift more costs to workers. Companies are introducing higher deductibles and co-payments, rising premiums and the imposition of wellness programs that carry penalties for people who dont comply.
