Lobbyists in Congress have succeeded in raising concern
regarding the uniform application of the Cadillac Tax throughout the nation. As
a result, a recent law introduces several significant changes to the
"Cadillac Tax" section of the Affordable Care Act.
Here are the highlights:
·
The effective date of the Cadillac Tax has been delayed until
January 1, 2020
·
Any excise tax levied will now be fully tax deductible for
employers
·
The government will fund an official study by the comptroller on
appropriate age and gender premium adjustments in consultation with the
National Association of Insurance Commissioners (NAIC)
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