futurebeachbum
Beach Fanatic
From the New York PostUnions get special treatment in health care.
Its nice to know that it is business as usual in DC. Apaprently this administration is a recruiting arm for big labor. Join a union and don't pay the excise tax on your health care benefits that the rest of us do. Its more fair that way.
Its nice to know that it is business as usual in DC. Apaprently this administration is a recruiting arm for big labor. Join a union and don't pay the excise tax on your health care benefits that the rest of us do. Its more fair that way.
Big Labor got some big love from President Obama and congressional Democrats yesterday after they agreed to exempt union workers from the whopping ?Cadillac tax? on high-cost health-care plans until 2018.
The sweetheart deal, hammered out behind closed doors, will save union employees at least $60 billion over the years involved, while others won't be as lucky -- they'll have to cough up almost $90 billion.
The 40 percent excise tax on what have come to be called "Cadillac" health-care plans would exempt collective-bargaining contracts covering government employees and other union members until Jan. 1, 2018
In another major concession to labor, the value of dental and vision plans would be exempt from the tax even after the deal expires in eight years, negotiators said.
The sweetheart deal, hammered out behind closed doors, will save union employees at least $60 billion over the years involved, while others won't be as lucky -- they'll have to cough up almost $90 billion.
The 40 percent excise tax on what have come to be called "Cadillac" health-care plans would exempt collective-bargaining contracts covering government employees and other union members until Jan. 1, 2018
In another major concession to labor, the value of dental and vision plans would be exempt from the tax even after the deal expires in eight years, negotiators said.