U.S. employers with more than 50 workers seem to be much more concerned about a federal tax on expensive health benefits packages than they are about the idea of having to provide coverage for all full-time employers.

Consultants at Mercer, a unit of Marsh McLennan & Companies Inc., New York (NYSE:MMC), have published figures that may support that conclusion in a summary of results from a recent survey of 2,844 public and private U.S. employers with 10 or more employees.

One major provision in the Patient Protection and Affordable Care Act of 2010 (PPACA) would impose a 40% excise tax, or "Cadillac plan tax," on health benefits packages with values that exceed maximum levels specified in PPACA.

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
NOT FOR REPRINT

© 2024 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.

Allison Bell

Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.