Health Care Law Raises Pressure on Public Unions

The so-called Cadillac tax was inserted into the Affordable Care Act at the advice of economists who argued that expensive health insurance with the employee bearing little cost made people insensitive to the cost of care. In public employment, though, where benefits are arrived at through bargaining with powerful unions, switching to cheaper plans will […]

Health insurance tax ‘scares the daylights’ out of some small-business owners

Meanwhile, the provision exempts health-insurance plans that are set up and operated by businesses themselves (the self-insured market). Revenue from the tax will help pay for the health-care overhaul, which is expected to extend coverage to millions of uninsured or underinsured Americans. However, because most large corporations self-insure their workforce, experts warn that insurance companies […]