The Cadillac Tax is a 40% excise tax on employers that provide high-cost insurance benefits to employees. As part of the Affordable Care Act (ACA), it was designed to reduce health care costs by encouraging employers to offer cost-effective coverage. Originally set to become effective in 2018, the effective date has been pushed back to 2022. Click here for an info-graphic with additional details.
What People Are Saying
“Everyone is always wonderful to deal with and is always willing to answer questions.”
Karen Hart, Secretary/Treasurer
Hart Rifle Barrels, Inc.