Update on the Affordable Care Act’s Cadillac Tax

  If you haven’t already considered how the Affordable Care Act’s (ACA) provision for Cadillac plans could affect your business, read on. Set to take effect in 2020, the Cadillac tax discourages overpriced health plans. Your business may yet be affected, even if you haven’t had to make changes.   Background The 40 percent excise tax applies to employer-sponsored health…