HEALTH

Improving Your Health

Cadillac Tax Lowers Health Care Quality

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Starting in 2018, this particular rule – often called the Cadillac tax or excise tax – will hit companies with a new 40 percent penalty on health insurance plans deemed too expensive under the Affordable Care Act.

This will affect about one in four businesses.

The cost of health insurance for these companies will jump by 40%.

Do many workers have “really fancy plans,” as u-bam-a described them when defending the Cadillac tax?

No, of course they do not.

A company’s Cadillac tax costs can vary from employee to employee, even if they are enrolled in the very same health plan. So, aside from potentially paying the penalty, simply determining whether there’s a penalty to be paid could be a nightmare for large and small employers across the country.

The simple solution for these companies is to reduce the amount paid for each employees’ health insurance.

Lower premiums means less coverage and lower quality health care.

So, when you are told something is not covered or your family has to go to a “quack” be happy and praise u-bam-a.

Remember, government is your all-know protector.

 

 

The facts no one wants to read.

Comments and referrals to this blog would be greatly appreciated.

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Written by solutions777

September 6, 2015 at 10:22 pm

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