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The "Cadillac" Healthcare Tax

A hefty new tax on healthcare coverage is set to take effect in 2018, notes Dave Osterndorf, chief health actuary at Towers Watson.
#people #Cadillac

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A hefty new tax on healthcare coverage is set to take effect in 2018, notes Dave Osterndorf, chief health actuary at Towers Watson.

The so-called "Cadillac" tax will add a 40% surcharge on annual healthcare program costs above $10,200 for individuals and $27,500 for families.

The measure gives employers who are required to pay the fee a strong incentive to control costs, Osterndorf says. That means starting now to find better solutions.

Click HERE to learn more about Towers Watson.

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