TITLE

LOOMING ‘CADILLAC TAX’ COMPLICATES OPEN ENROLLMENT

AUTHOR(S)
LIVINGSTON, SHELBY
PUB. DATE
October 2015
SOURCE
Business Insurance;10/26/2015, Vol. 49 Issue 22, p0003
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the strategies being used by benefits managers to avoid the Cadillac tax as the 2016 open enrollment season approaches for group health plans in the U.S. Topics covered include the excise tax on the portion of health plan premiums exceeding 10,200 U.S. dollars for single coverage. Also mentioned are the move of employers to consumer-driven health plans to avoid the tax.
ACCESSION #
110633116

 

Related Articles

  • Avoiding a Head-on Collision With the Cadillac Tax. McSweeney, David; Ermer, David; Niehus, Barbara P. // Benefits & Compensation Digest;Oct2010, Vol. 47 Issue 10, p1 

    The article discusses the Cadillac tax, which is a nondeductible 40% excise tax imposed on both the insured and self-funded employers who have failed to meet the requirements of the health plan premium. New York City, Chicago, Illinois and Los Angeles, California are some of the places most...

  • Write yourself into each client's script. KWICIEN, JACK // Employee Benefit Adviser;Nov2010, Vol. 8 Issue 11, p50 

    The article offers advice to employee benefit advisers on how to manage business and retain clients given the impact of healthcare reform. For business planning purposes, an important step for advisers is to assume that group health insurance will decrease. Emphasis is also given on the need to...

  • STAT SHOT.  // Credit Union Magazine;Dec2014, Vol. 80 Issue 12, p18 

    Statistics are presented regarding benefits provided by U.S. credit unions to their staff including the percentage of credit unions having wellness programs, the percentage of credit unions providing group health insurance to employees, and the percentage of credit unions offering retirement plans.

  • When do group health plan benefits terminate for an employee who is not on federal Family and Medical Leave Act leave? Clayton, Amber // HR Magazine;Jul2014, Vol. 59 Issue 7, p19 

    The article presents an answer to a question of when group health plan benefits expire for employees not covered by the U.S. Family and Medical Leave Act (FMLA).

  • Taming the monster of change. SULLIVAN, MIKE // Employee Benefit Adviser;Aug2011, Vol. 9 Issue 8, p50 

    The author discusses how health care (HC) reforms could affect the way financial benefit advisers do business in the U.S. He shares his perspectives about the provision of the Patient Protection and Affordable Care Act which mandates the part of premiums insurance carriers must spend on HC. He...

  • public plan | news.  // Benefits Magazine;Mar2014, Vol. 51 Issue 3, p49 

    This section offers news briefs on employee benefits in the U.S. as of March 1, 2014. The Notice 2013-54 issued by the Treasury Department approves health reimbursement arrangements (HRAs) integrated with a group health plan but disallows those designed for tax-free reimbursement of premiums. It...

  • Trends in Employee Wage and Health Insurance Compensation for Employer-Sponsored Health Insurance (ESI) Coverage. Blewett, Lynn; Graven, Peter; Ziegenfuss, Jeanette; Davern, Michael // Journal of Labor Research;Dec2009, Vol. 30 Issue 4, p296 

    Health insurance coverage continues to be an important benefit of employment and employer-sponsored insurance is the most prominent form of health coverage in the US. We examine trends in both employer and employee contributions to the costs of health insurance premium between 2002 and 2005 and...

  • FULL AGENDA AWAITS CONGRESS.  // Business Insurance;8/31/2015, Vol. 49 Issue 18, p0014 

    The article reports the need by the U.S. Congress to tackle several key employee benefit and risk management issues when it resumes session in early September 2015. Among the issues are the 40% excise tax on excess group health insurance premiums, which is mandated by the Patient Protection and...

  • How to get more bang for your benefits buck. Tane, Lance D. // Financial Executive;Jul/Aug1988, Vol. 4 Issue 4, p48 

    The article explains a strategy for controlling the costs related to employee fringe benefits and for the containment of health care costs. The strategy is based on the idea that benefit expenditures should provide an acceptable rate of return. The discussion refers to the cost effectiveness of...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics