Quote of the Day

“More and more employers are realizing that, eventually, virtually all plans will become subject to [the ACA’s Cadillac] tax. Many employers are already taking it into account in their health care plan strategies, but there is growing concern about their ability to reduce benefit costs below the tax threshold, while still maintaining a plan that is above the 60% [Minimum Value] requirements. Besides angst over plan design and cost, there is concern about how the plan values are to be computed for this purpose.”



— Mac McCarthy, president of McCarthy Actuarial Consulting, LLC, told AIS’s Health Plan Week.