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health care cost on W-2s
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<blockquote data-quote="Ms.PacMan" data-source="post: 1086460" data-attributes="member: 4656"><p>The tax will be on the insurers. If they go over $27,500 for a family plan starting in 2018 they will be penalized with an excise tax. </p><p></p><p>And for those of you saying "but that cost will be passed on to me" then tell me how.....because if they raise your rates the tax will only be higher for them.</p><p></p><p>The tax will be 40% of every dollar over the limit, which can then be used to lower the cost of exchange plans that you can buy. Checkmate!</p></blockquote><p></p>
[QUOTE="Ms.PacMan, post: 1086460, member: 4656"] The tax will be on the insurers. If they go over $27,500 for a family plan starting in 2018 they will be penalized with an excise tax. And for those of you saying "but that cost will be passed on to me" then tell me how.....because if they raise your rates the tax will only be higher for them. The tax will be 40% of every dollar over the limit, which can then be used to lower the cost of exchange plans that you can buy. Checkmate! [/QUOTE]
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