Despite already modifying their benefit plans last year, employers expect their healthcare costs to rise again in 2016, according to the Employee Benefits Trend Study recently released by Wells Fargo Insurance.
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Fifty-eight percent of employers surveyed expect their medical plan costs to exceed the thresholds for the Affordable Care Act (ACA) excise tax—popularly known as the “Cadillac Tax”—which was originally set to take effect in 2018 but has since been delayed to 2020.