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
“Excellent response time to issues, sense of humor, patience, knowledge, creativity, and the list goes on. Great group to work with.”
Janet Walters, Director of Administration
Babbitt Bearings, Inc.