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 am very happy with BDS and recommend it without hesitation. You do such a good job that I can’t even think of any helpful suggestions.”
Deb Canfield, Finance and Benefits Manager
Canfield Machine & Tool LLC