2018 Taxing Cadillac Plans

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On January 22, 2018, Congress passed and the President signed a two-year delay of the 40 percent excise tax on high-cost employer-sponsored health plans, also known as the “Cadillac Tax.” This delay was part of a short-term federal spending bill and changes the effective date from 2020 to 2022.

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ObamaCare's Cadillac Tax is a 40% excise tax on high end plans above $10,200 for individuals and $27,500 for family coverage that was set to start in 2018 but was been delayed.

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Starting in 2018, insurers of employer-sponsored group health plans and companies that self-insure their own plans will be subject to an excise tax if their plan cost tops $10,200 for single person's health coverage and $27,500 for family health coverage.

What is the ‘Cadillac’ Tax? The Cadillac tax is a 40% excise tax on high cost employer-sponsored health plans. The Cadillac tax begins in 2020, and is being implemented to help curb the costs associated with health care in the United States.

Herring B, Lentz LK, "What Can We Expect from the 'Cadillac Tax' in 2018 and Beyond? ... “Excise Tax on 'Cadillac' Plans," Health Affairs Health Policy Brief, September 12, 2013.

While the Cadillac tax plan is not a direct limit, it effectively curtails the ESI exclusion. If employers avoid the excise tax by shifting compensation from health benefits to taxable wages, the ultimate impact will be identical to an exclusion limit.

The tax was originally set to take effect in 2018. However, in December 2015, a law delayed the start date to 2020. In January 2018, the implementation was postponed until 2022. The tax is not imposed on the total cost of the plan, but on the costs exceeding the aforementioned values, which, after 2020, will adjust to inflation annually.