May 18 2013
Bloomberg: Health Law's Cadillac Tax Bite on Companies Drops by $57 Billion
The U.S. health-care law's projected tax bite on businesses with more generous health benefits is dropping as medical spending slows and employers look to rein in the cost of coverage. The 2010 Affordable Care Act's so-called Cadillac tax on high-premium health plans was initially projected to bring in $137 billion over the next decade. That estimate has now been trimmed to about $80 billion, a $57 billion decrease, the Congressional Budget Office said in a report this week (Nusbaum, 5/16).
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 This article was reprinted from kaiserhealthnews.org with permission from the Henry J. Kaiser Family Foundation. Kaiser Health News, an editorially independent news service, is a program of the Kaiser Family Foundation, a nonpartisan health care policy research organization unaffiliated with Kaiser Permanente.
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