Self correcting mechanism. Cap of tax exclusion could also work this way & would be more progressive. We need one https://t.co/ROERP10yua
— Don Taylor (@donaldhtaylorjr) October 26, 2015
Duke prof making $125k & admin $25k pay same premium for health ins. Caddy tax will affect both same. Cap ESI exclusion >impact on Prof 1|2
— Don Taylor (@donaldhtaylorjr) October 26, 2015
There's an equivalent actuarial impact of caddy tax & cap ESI tax exclusion, but cap tax exclusion more progressive b/c of prog tax code 2|2
— Don Taylor (@donaldhtaylorjr) October 26, 2015
TLDR: Changing the Cadillac tax from a fixed rate surcharge to elimination of deductible benefits workers with lower incomes but very high health insurance compensation while keeping the incentives aligned for better cost control measures. This tweak could get some unions back on board while also simplifying the tax code. Should be a double win. It won’t be.
Baud
Perhaps you meant “alternators”?
Kelly
2016 plans are up at healthcare.gov.
Richard Mayhew
@Kelly: Yep, and I like the user interface but I am not thrilled with how they are still rank offering by lowest premium instead of other metrics, especially for people who qualify for cost sharing assistance. Nudge people to high AV coverage if possible.
FlyingToaster
I was getting static from the HR guy at HerrDoktor’s company, claiming that our PPO might subject (us, them, wasn’t clear) to the cadillac tax.
I came back at him with the numbers; ours is around 5K under the family limit of 27K. Go away, HR boy, or get BCBS to construct an HMO plan covering [redacted] {teaching} Hospital’s doctors; we go to our PCPs for referrals already.
I think the worry on the company end is a fear of ESI exclusion, not a cap; the idiots in Congress trying to burn the house down don’t want to fix anything, they want to break it, and removing the ESI exclusion would certainly screw up health insurance beyond recognition.