United Benefit Advisors News and Press Releases

Three out of Four U.S. Employers To Be Hit with Cadillac Tax by 2022

Posted by: Bill Olson    December 9, 2015 at 9:00 AM

Even Bronze-Level Plans Subject to Excise Tax, Finds UBA Survey

Many employers falsely assume that the Cadillac tax will apply only to the richest plans. However, newly release data from the 2015 UBA Health Plan Survey shows that even the lowest quality “Bronze-level” health insurance plans on the Affordable Care Act (ACA) exchanges are at risk of triggering the tax, potentially affecting 74 percent of employers by 2022.

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Topics: ACA, PPACA, Carol Taylor, Les McPhearson, Cadillac Tax, UBA Health Plan Survey, PPACA fees