One of the aspects of the Affordable Care Act, which was supposed to occur in the distant future (now the recent past of 2018), was the so called “Cadillac Tax,” which would tax those who had “rich” plans for the “excess” over a basic determined level – just 40%.

The reason for its enactment was to ensure that there was some funding that would cover some of the anticipated deficits in the ACA.  Unfortunately, no one realized how many people it would affect, as it was not adjusted for area (the Bay Area generally runs above the limits, but Arkansas and more rural states do not), income, or other area adjusted factors.  Now the tax has been delayed twice, with the latest incarnation set to appear in 2022.  Now new bills have been proposed to repeal it altogether, but without a replacement for the income loss it represents.  We may see this in our rear view mirror soon…