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Congress, Labor Leaders Agree on Revised Cadillac Health Plan Tax
HC Pro - Janice Simmons, for HealthLeaders Media

White House and Congressional leaders passed another important signpost Thursday on the road to completing the healthcare reform bill. Following marathon negotiations with labor union leaders all week, a new deal was reportedly hammered out over the issue of taxing employees’ high-cost or “Cadillac plans.” The provision, which originated in the Senate bill, will remain, but the threshold at which the 40% tax would kick-in with the high-cost plans would change.