With the Cadillac tax on the horizon, employers nationwide are taking steps to determine if they will trigger the tax and then, most commonly, taking actions to avoid the tax. Nearly nine in ten employers have calculated if their health plan will trigger the Cadillac tax and, of those, 60% say that without any future changes their plan will face the tax.
This new International Foundation survey examines the actions employers are taking with the Cadillac tax. It also provides a look at employers' understanding and progress toward upcoming ACA reporting requirements.
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