There's more data available that suggests that, unless the so-called Cadillac tax is repealed, flexible spending accounts may be targeted for extinction.
A survey of hospital management personnel found many will do away with the flexible spending account plan option if the Patient Protection and Affordable Care Act tax on "rich" plans is not repealed or substantially overhauled.
Now the Kaiser Family Foundation has weighed in on the issue with projections of the number of employer sponsored plans that would trigger the tax if they remain unchanged by 2018, when the tax kicks in.
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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.
