This post was authored by Heather DeBlanc and Stephanie Lowe
Two recent developments have surfaced impacting the application of the Affordable Care Act (“ACA”) for employers. The first development is the postponement of the Cadillac Tax until 2020. The second development is the IRS’s recently released Notice 2015-87, which provides guidance and clarification on the
This blog post was authored by Stephanie J. Lowe
Beginning in 2018, the Internal Revenue Service (“IRS”) will subject plan sponsors to an excise tax if they provide overly generous levels of health benefits to employees above a certain threshold. The IRS recently released Notice 2015-16 to introduce the future excise tax on high cost
This blog post was authored by Heather DeBlanc
In 2018, health plans too rich in coverage will have to pay a “Cadillac Tax.” Public employers, who have traditionally provided generous health benefits, are starting to consider the impact.
The IRS will impose the excise tax on insurers and plan administrators. Employers anticipate that these costs