Tag: Cadillac Tax


Cadillac Tax Pushed Back Again, This Time to 2022

Buried in the January 22 passage of legislation to re-open the federal government was a welcome bit of news for employers: The effective date of the wildly unpopular “Cadillac Tax” has been pushed back yet again. It is now set to take effect in 2022 rather than 2020 (the original implementation date was January 1, […]

IRS Extends ACA Reporting Due Dates

While it’s not quite as exciting as the 2-year delay of the Cadillac Tax, it’s still good news for large employers: The IRS has announced that employers subject to the Section 6055 and 6066 reporting requirements have a little extra time to file.

Congress Delays ACA’s Cadillac Tax for 2 Years

By Jennifer Carsen, JD The Cadillac Tax is designed to help fund healthcare reform and reign in unnecessary spending by imposing a 40% excise tax on insurers of employer-sponsored health plans with total values that exceed $10,200 for individual coverage and $27,500 for family coverage, starting January 1, 2018.

The Cadillac Tax: Are You a Deer in the Headlights?

The Cadillac Tax is coming, and you need to make some decisions. One of the most controversial provisions of the Affordable Care Act (ACA), the Cadillac Tax, is an excise tax on “rich” health insurance benefits. As of 2018 when the tax begins, “rich” means a value that exceeds $10,200 for self-only and $27,500 for […]

Employer-Related Changes in Democrats’ New Health Care Reform Compromise Bill

Yesterday, congressional Democrats released the Health Care and Education Affordability Reconciliation Act of 2010 (H.R. 4872), a compromise bill designed to provide a package of “fixes” to the U.S. Senate’s original health care reform bill — the Patient Protection and Affordable Care Act (H.R. 3590). Similar to the original Senate bill, there are several provisions […]

What Obama’s New Health Care Reform Proposal Means for Employers

This morning, President Barack Obama released a health care reform proposal that “bridges the gap between the House and Senate bills.” The President released his proposal in advance of the upcoming televised health care summit on Thursday, February 25, and White House officials have noted that the proposal will serve as the starting point for […]

White House, Organized Labor Reportedly Make Deal on ‘Cadillac’ Tax

The White House reportedly reached a deal with organized labor on Thursday over the controversial “Cadillac” tax found in the U.S. Senate’s health care reform bill. The original provision in the Senate’s Patient Protection and Affordable Care Act (H.R. 3590) creates a tax on employer-sponsored high-end “Cadillac” coverage. Under the original provision, the tax would […]