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
“Our corporation has been with BDS since 1994 and we couldn't be happier with the relationship. We have undergone several reorganizations of both our retirement plan and heath care insurance over the last 15 years and BDS has been there for us every step of the way.”
Thomas Curran Jr. MD
Neonatal Associates of CNY, P.C.