The More You Like Your Health Plan, the Less Likely You Will be Able to Keep It
Two-thirds of employers would raise deductibles, change insurers or scale back coverage to avoid the so-called Cadillac tax on high-cost benefits proposed in the Senate Democrats’ health care bill, a survey to be released Thursday by consulting firm Mercer says… The excise tax — which is placed on insurers, but is expected to be passed along to employers — could hit up to 19 percent of medical packages offered by employers in 2013, the first year it goes into effect.
It’s called bait and switch.
And, we just found out that if you are over 65 you are not eligible to receive the H1N1 vacine!
I have never heard mentioned what they consider a “Cadilac” insurance policy and I would like to know what they consider a “Cadilac” insurance. We have BCBS and we pay extra for vision and dental. Is that what they are talking about?
Stephen, it’s also called one more broken promise.
It’s getting hard to tell which consequences are unintended and which are intentional.
It looks to me as though anyone who is 50+ and works for a small business will likely be subject to the Cadillac tax.
[…] The More You Like Your Health Plan, the Less Likely You Will be Able to Keep It […]