Is it possible that the Cadillac Tax will be a major health spending cost ‘deflator’?
As employee benefits increase in cost, particularly medical insurance, companies innovate to bring new strategies to the employer marketplace. This can create exciting new opportunities but it also attracts those who are not always looking out for your company’s best interest or, perhaps worse, are not highly educated and experienced with the risks each strategy presents for your organization.
As self-funding and group captives become more commonplace among small and mid-sized employers, make sure you are working with someone you trust as well as educating yourself about potential pitfalls. Here is more information about captive strategies that will be scrutinized by the IRS READ MORE HERE
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