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I thought I was up on this stuff but I’m puzzled by this “Cadillac tax” thing. Is this an Obamacare thing? I’m lost . . . . :(

They want to stop insurance companies from providing a so called “Cadillac” plan that is currently being funded by high revenue corporations.

They want a 40% tax on employees that receive these plans.

The Cadillac Tax is a scheme in which an excise tax is going to be levied on high end insurance coverage which is often part of the benefit package offered to employees. Beginning in 2018, a 40 percent excise tax will be imposed on the value of health insurance benefits exceeding a certain threshold.
The estimated thresholds are $10,200 for individual coverage and $27,500 for family coverage. The thresholds may be increased depending on actual medical inflation between 2010 and 2018 using a measure that looks to the Federal Employees Health Benefits (FEHB) program. The thresholds may also be increased for individuals in high-risk professions and pursuant to an age and gender adjustment.
We expect the IRS will provide additional guidance regarding the thresholds and the adjustments to the threshold in its regulations.
http://www.uhc.com/united_for_reform_resource_center/health_reform_provisions/excise_tax_on_high_cost_coverage.htm
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So in other words, if you have a job with a company whose benefits includes health insurance whose threshold exceeds $10,200 for individual coverage and $27,500 for family coverage, an excise tax of 40% will be levied on the employer.
Who takes the hit?
In particular, he said, more companies will move toward plans that have higher "cost-sharing" by workers, that is plans with higher deductibles and other out-of-pocket expenses.
"A tax that is designed to hit employers will have the effect of harming employees," Troy said.
The Affordable Care Act included the Cadillac Tax as a means to control the spiraling cost of health care, by putting pressure on employers to offer less-generous health insurance plans than they have been. The theory is that if people see more of the direct costs of their health care, they will be more conservative in using their insurance.
http://www.cnbc.com/id/102170937
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I hope this helped.