Front Page
NMJ Search
NMJ Radio
Constitutional Literacy
NMJ Shop
Links, Etc...
Site Information
About Us
Contact Us
  US Senate
  US House

The Obamacare "Cadillac" tax won't take place until 2018, but when it does it will smack high cost health insurance plans with a 40% tax.
Social Bookmarking
Print this page.
Obamacare Socks Union Health Plans with 40% Tax
The Washington Examiner
Deep in the list of taxes that the president's Obamacare plan will hit Americans with is a 40 percent excise tax on health plans typical union members have, especially in Midwest states, according to a new analysis.

The Obamacare tax won't take place until 2018, but when it does it will smack high cost, or so-called "Cadillac" health insurance plans, according to the group Americans for Tax Reform.

"This tax will most directly affect union families and early retirees, who are likely to be covered by such plans," said ATR in a review of upcoming tax cuts in the health reform package set to go into effect in January. It will target plans whose premiums exceed $10,200 for an individual and $27,500 for a family.

"Middle class union members tend to be covered by such plans in states like Ohio, Pennsylvania, Wisconsin, and Michigan," said ATR.

Many more people are likely to be hit if insurance firms raise premiums by up to 400 percent after Obamacare kicks in. A House report provided to Secrets said that 17 major insurers said the average premium increase will be 100 percent and others could top 400 percent.

ATR also warned that Americans participating in flexible spending accounts at work will no longer be able to put away whatever they want, thereby cutting their tax bill. The cap will be $2,500 a year, resulting in a $13 billion tax bill over the next 10 years for those who used to put away more than $2,500.


Editor's Note: We were promised -- sold on the idea -- that with the implementation of Obamacare everyone would be able to both keep their insurance (if they liked it) and that health insurance and medical costs would go down; become more affordable. Each of these points has turned out to be empirically false and, in fact, the complete opposite. Many who enjoyed their health insurance plans through their employers are losing their coverage because of the expense. Health insurance premiums are skyrocketing, some by between 100% and 400%. And medical industry costs continue to increase, only now at an accelerated rate. So, the question is this. When do Progressives admit that their plan -- Obamacare -- sucks? That it is a complete failure, poorly planned out and that it only enriches very select cronies of their inner-circle on the backs of the whole of the American people??? Additionally, when do real Democrats start disassociating themselves with the Progressive Movement, and will they do so before their brand is completely ruined?...

The informational and educational pamphlet series is now available for Kindle and iPad. Click here to find out more...

The New Media Journal and are not funded by outside sources. We exist exclusively on donations from our readers and contributors.
Please make a sustaining donation today.

Opinions expressed by contributing writers are expressly their own and may or may not represent the opinions of, its editorial staff, board or organization.  Reprint inquiries should be directed to the author of the article. Contact the editor for a link request to is not affiliated with any mainstream media organizations. is not supported by any political organization.  Responsibility for the accuracy of cited content is expressly that of the contributing author. All original content offered by is copyrighted. supports and its goal: the liberation of the American voter from partisan politics and special interests in government through the primary-source, fact-based education of the American people.

FAIR USE NOTICE: This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance a more in-depth understanding of critical issues facing the world. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 USC Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

The Media © 1998-2014    Content Copyright © Individual authors
Powered by ExpressionEngine 1.70 and M3Server