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
“I like the fact that it's easy to communicate and get answers to questions that relate to benefits, legal and legislative issues that impact/will impact our company, and the fact that BDS serves as a strong advocate here (in) NY and Washington DC.”
Maria McGuinness, HR/Safety Manager
C & D Assembly, Inc