Businesses, unions and others might want to see the repeal of the Cadillac tax portion of the Patient Protection and Affordable Care Act. But a new report from PwC (Price Waterhouse Cooper) says the Caddy tax will be a key “deflator” of upwardly spiraling national health care costs.
This “endorsement” of the tax on rich health care packages comes in a growth projection report by PwC that says the nation will see a slower growth pace for health spending in 2016.
Looking beyond next year, the report says that the Caddy tax is among the factors that could continue to pull in the reins on health spending as a portion of GNP. The tax doesn’t take effect until 2018.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
