“Fight The 40” Looks To Sink Cadillac Tax

COALITION AIMS TO REPEAL ECONOMICALLY DEBILITATING NEW LEVY || By FITSNEWS || U.S. president Barack Obama‘s socialized medicine law has survived two challenges before the U.S. Supreme Court and multiple attempts at repeal by “Republicans” in Congress. We’ve written extensively on the law’s battles on both fronts (here and here)…


|| By FITSNEWS || U.S. president Barack Obama‘s socialized medicine law has survived two challenges before the U.S. Supreme Court and multiple attempts at repeal by “Republicans” in Congress.

We’ve written extensively on the law’s battles on both fronts (here and here) – as well as the damage it continues to do to America’s economy.

Now we’re writing about a new effort to do away with one of the law’s most onerous provisions – the so-called “Cadillac Tax.”

The Cadillac Tax refers to a non-deductible levy of 40 percent of the value of employer-sponsored health care coverage (exceeding certain benefit thresholds).  Originally this tax hike was billed as impacting only a small percentage of health plans, however it is now expected to impact broad swaths of the 150 million-strong employer-sponsored health care universe.

“This tax does not hit ‘Cadillac’ plans,” James A. Klein, president of the American Benefits Council said in a statement. “It hits ordinary plans that are expensive simply because they cover many people whose health costs are generally higher than average – women, older and disabled workers and families who experience catastrophic health events.”

Among those likely to fall victim to the levy?  Retirees, low- and moderate-income families, small business owners and individuals who are self-employed.  Obviously, such added burdens could have severely detrimental impacts on a U.S. economy that’s already struggling to regain its post-recessionary momentum.

A bipartisan coalition in Washington, D.C. – dubbed “Fight the 40” – is working to repeal the tax.  Its ultimate goal?  “To ensure that employer-sponsored coverage remains an effective and affordable option for working Americans and their families.”

If the Cadillac Tax isn’t repealed, though, maintaining such effectiveness and affordability could prove exceedingly problematic …

In fact it already is.  According to the coalition, employers are already cutting benefits and changing the designs of their plans in anticipation of the tax kicking kicking in beginning in 2018.  Also, each year the mandate will snare more plans … from 48 percent of large employer plans in 2018 to a whopping 82 percent of them by 2023, according to a recent study.

“The way it’s structured ‘Cadillac tax’ is now a misnomer,” one industry source told FITS. “It’s more like a Ford Fiesta tax.”

In other words it’s going to hurt a lot more people than its supporters would have you believe …

We support efforts to “Fight the 40.”  If you do too, check out the coalition’s website here and follow them on Twitter here.


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CorruptionInColumbia August 3, 2015 at 1:59 pm

Obamacare: what a wonderful “blessing” it is turning out to be on so many of us!
What’s next, a plague of crab lice?

ER Drive-thru August 3, 2015 at 2:29 pm

The objective is precisely as described above, to force companies to drop employer sponsored plans, and driv. everyone to the Obamacare Exchange, to prop it up with more and more desperate people, who will now be dependent on the Federal Governmnet for subsidies. Unions have beengiven a free pass on it though, thanks to BO.

LaurenRFrantz August 4, 2015 at 4:15 am

GET A BEST TOP250-CAREER ::: @1md1.





erneba August 3, 2015 at 2:53 pm

The implications of this legislation and Supreme Court pandering will be felt for years.
When it comes to ObamaCare…
Folks….You ain’t seen nothing yet.
This is going to be one Democrat policy that could affect the governance of this country for years.

RogueElephant August 3, 2015 at 4:08 pm

As Obummercare gets further and further in the hole they will be going further down the ladder to make it work. Tax the rich will become middle class then the poor. As they run out of other people’s money it will only get worse.

euwe max August 4, 2015 at 1:49 am


*NOW* how are we going to fund a never ending war in the middle east against a bunch of savages with knives and mopeds?

Disgusted with Rs and Ds August 3, 2015 at 5:06 pm

This will never be repealed. Last time I checked, there was an R majority in BOTH house of Congress. Yet nothing has been repealed, for fear of a Presidential veto they say they do not have the votes to override. MAKE OBAMA VETO REASONABLE REFORMS. MAKE DEMS VOTE TO KEEP THE MONEY ROLLING IN. THEN RUN AGAINST THAT IN 2016. Utter failure to do ANYTHING means the R leadership is a pack of shameful fucking liars. Tax repeal means less money they can spend, and with rare exception, few in Congress are willing to give back your money once they get their grubby little fingers on it. Hear that Lindsay? Scott? Hear that Rubio and Cruz and Paul? GET OFF YOUR FAT LYING ASSES AND REPEAL THESE ASSININE IDIOTIC LAWS. NOW.

Bible Thumper August 3, 2015 at 5:15 pm

Will it ever end? Getting the US economy to digest Obamacare is like asking a dog to eat an elephant.

FastEddy23 August 3, 2015 at 5:31 pm

Rhinos working wonders with their wicked widget stuck firmliy in the pie.

Rakkasan August 4, 2015 at 6:11 am

Dea Wil,
Thanks for joining The American Benefits Council in our efforts to fleece as much insurance money from corporate America as possible. We are proud to partner with you in our lobbying and media manipulation efforts to keep the insurance industry protected from government oversight and regulation. Going forward together we know we can count on you to help us make key points with the American public by providing valuable information to your readers consistent with the key points outlined on our briefing sheets. It is essential that we repeatedly expose the public to these points in order to make them part of the accepted lexicon. In your efforts to this end, always put the bottom line up front: government is bad; oversight and regulation are the enemies of hard working, decent Americans like are readers who are only trying their best to pursue the American dream of liberty, freedom, and the ability to reap the benefit of a free market without government getting in the way. P.S. by the way, your check is in the mail


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