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 experience working with BDS over the better part of the last decade, has been an easy, enjoyable, yet professional relationship that has grown to be one that we depend and count on for continual support, especially during tough and challenging times...."
Tracy S. Stevenson, PHR, Vice President
Babbitt Bearings, Inc./ Service Machine Corp. of Syracuse