Is it possible that the Cadillac Tax will be a major health spending cost ‘deflator’?
Some individuals are exempt from the tax but this can be complicated to figure out. “IRS officials noted, near the bottom of their notice, that taxpayers can get some exemptions simply by filling out special tax forms, or even by checking boxes on the tax forms they usually file, but that a taxpayer has to go through the local state exchange to get an “exemption certificate number” (ECN)”
“The IRS shows which exemptions require an ECN, and which let taxpayers get exemptions without exchange involvement, in the 2014 Instructions for Form 8965. The second page of the Form 8965 instructions summarizes what consumers have to do to qualify for each exemption.”
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