Ninety percent of large employers are looking for ways to avoid the so-called “Cadillac tax” on employee insurance plans deemed too cushy by the Affordable Care Act, according to a new study.
That will hurt both employers and employees, the nonpartisan American Health Policy Institute said of its study.
The tax won’t take effect until 2018, but employers already are making moves to prevent having to pay it, and that means curtailing plans that offer better benefits.
Unions and business owners alike oppose the tax.
AHPI said it conducted two surveys, one in June and one in September, since repeal of Obamacare is an issue in the 2016 presidential election.