On January 22, 2018, Congress passed an interim funding bill to end the three-day government shutdown that also pushed back the effective date of the Affordable Care Act’s controversial “Cadillac Tax.” The Cadillac Tax imposes an excise tax on group health plans that provide benefits in excess of certain thresholds. The new legislation pushes the effective date back an additional two years to January 1, 2022.
Government Shutdown Pushes Back Cadillac Tax
By Anthony A. Bongiorno on January 24, 2018
Posted In Employee Benefits, Health and Welfare Plans