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CONSOLIDATED APPROPRIATIONS ACT 2016 - Impact to Employer Health Plans

On December 18th President Obama signed into law a nearly $2 trillion budget deal on government funding and taxes through an omnibus bill. This bill provides funding to the federal government through September 30, 2016. In addition to funding the federal government, the bill includes a number of provisions that will impact employer sponsored health coverage, including key provisions that delays implementation of the Cadillac Tax for an additional two years and temporarily eliminates the Health Insurer Fee.

The two key components of this bill affecting employers who offer employer sponsored health coverage are as follows: Click below to continue: