U.S. employers with more than 50 workers seem to be much more concerned about a federal tax on expensive health benefits packages than they are about the idea of having to provide coverage for all full-time employers.
Consultants at Mercer, a unit of Marsh McLennan & Companies Inc., New York (NYSE:MMC), have published figures that may support that conclusion in a summary of results from a recent survey of 2,844 public and private U.S. employers with 10 or more employees.
One major provision in the Patient Protection and Affordable Care Act of 2010 (PPACA) would impose a 40% excise tax, or "Cadillac plan tax," on health benefits packages with values that exceed maximum levels specified in PPACA.
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Allison Bell
Allison Bell, ThinkAdvisor's insurance editor, previously was LifeHealthPro's health insurance editor. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached at [email protected] or on Twitter at @Think_Allison.
