AstonishNick
New Member
From Lori Montgomery at the Washington Post:
The deal would temporarily exempt union health plans from a significant surtax on unusually generous health policies plans, giving union leaders time to negotiate new contracts, according to sources familiar with the talks. They spoke on condition of anonymity to avoid affecting ongoing negotiations. Additional details of the deal were not immediately available.
The so-called Cadillac tax is a key source of financing for a proposal to dramatically expand health coverage to the uninsured. But it is also an important tool for reining in skyrocketing health care costs, and President Obama has insisted that it be included in the package."
Curious how long "temporarily" is? I've heard they'll delay until 2017 while Union negotations happen. Sounds like a sweet deal for Union but potentially harmful to small business and older workers who foot the tab in the meantime.
The deal would temporarily exempt union health plans from a significant surtax on unusually generous health policies plans, giving union leaders time to negotiate new contracts, according to sources familiar with the talks. They spoke on condition of anonymity to avoid affecting ongoing negotiations. Additional details of the deal were not immediately available.
The so-called Cadillac tax is a key source of financing for a proposal to dramatically expand health coverage to the uninsured. But it is also an important tool for reining in skyrocketing health care costs, and President Obama has insisted that it be included in the package."
Curious how long "temporarily" is? I've heard they'll delay until 2017 while Union negotations happen. Sounds like a sweet deal for Union but potentially harmful to small business and older workers who foot the tab in the meantime.
