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74% of Employers Exposed to Cadillac Tax by 2022
CFOLink to more items from this source
Dec. 10, 2015

"Using a 6% rate or 'trend' increase, compounded each year, [the study] found that by 2018, 30% of employers will be subject to the Cadillac tax; by 2020, 50%; and by 2022 the tax will hit 73.79% of employers. 'Many of these employers, even after reducing benefits and premiums, will still not be able to lower their annual costs under the Cadillac tax thresholds,' said Carol Taylor [of UBA] ... 'The Cadillac tax hits those employers with an aging workforce, those with high claims and those in areas with high medical care costs,' she added."

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