Aug
16
2015
4

Obamacare’s implicit $1,200/year ‘wife tax.’

OK, strictly speaking it also could be fairly called a ‘husband tax’ or a ‘spouse tax.’ You may also quibble on the ‘tax’ bit, largely because this is being done to avoid a tax.  But, hey: no Republican voted for this monstrosity, remember? So I’m admittedly a little indifferent to any Democratic pain over the nomenclature.

To avoid the Affordable Care Act’s so-called “Cadillac tax” on rich benefit plans, companies are adding surcharges of $100 a month or more to wives and husbands of workers, hoping spouses will seek coverage elsewhere,new employer data shows.

[snip]

The idea behind the so-called “spousal surcharge” employers are implementing is to reduce the number of people an employer covers so the company can save money and avoid triggering the special excise tax for plans with high cost benefits.

(more…)

Site by Neil Stevens | Theme by TheBuckmaker.com