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
“We transitioned our practice to Benefit Design Services about 6 years ago. It was a seamless transition. The professionals at BDS have helped us with our retirement program as well as with the health benefits for our practice. Benefit Design Services Corp. does a wonderful job for us.”
Patricia L. Mohr, Dental Practice Executive
Gregory W. Mohr, DDS