News Headlines Article

A lot of unions are going to end up hating Obamacare
Washington Post

In 2018, the Affordable Care Act will begin levying a tax on unusually expensive health-care plans. The tax will be 40 percent on each premium dollar over $10,200 for individual plans and $27,500 for family plans.

It’s one of the most powerful cost control provisions in the bill. It’s so powerful, in fact, that there’s real evidence that it’s already working, despite the fact that it won’t go into effect for four years. But because it’s working, it’s going to make a lot of people who get good employer-based benefits really unhappy — including some of the law’s supporters, like labor unions.