Taxation
Provide two different answers to the below question
Though Health benefits have traditionally not been taxed, the Affordable Care Act includes a tax on high-cost insurance plans (“Cadillac Tax”, that was to go into effect in 2018 – but later repealed).
What would be the impact of this on individuals? . . . on the Health Services industry?
Explain. Though Health benefits have traditionally not been taxed, the Affordable Care Act includes a tax on high-cost insurance plans. What would be the impact of this on individuals?
