Posted by: AtlasMD

November 12, 2013

2 Comments

Have You Heard About The “Cadillac Tax” Yet?

Here’s a funny development in the Obamacare story that’s emerging (actually more like shipwrecking than emerging, but that’s just semantics). Check out this article from CBS going over a law that’s set to be in effect come 2018. Evidently companies providing insurance benefits to employees might face what’s termed the “Cadillac tax” if they offer TOO MANY BENEFITS to their employees. Wait what? So CBS says, “The ‘Cadillac tax’ is one of the tools in the Affordable Care Act designed to bring down costs — by encouraging people to cut down on unnecessary health care expenses.”

First off, that’s silly. That means you’re going to tax companies and dissuade them from offering benefits.

Second, this is coming from an administration that’s FORCING people to buy better insurance plans, with more benefits. And sometimes these better plans are forcing single men to pay for MATERNITY LEAVE, when they can never have a child.

READ THE COMPLETE CBS ARTICLE HERE