Health Care Debate Question
Can anyone explain to me what a "Cadillac health insurance policy" is in the current health care debate? This is the kind of insurance that some of the proposed bills want to tax. Since I have heard that healthcare costs in MA (hey, is this really what we want as a national model?) are some of the highest in the country, I fear that we will get screwed and policies much closer to the median here will get taxed just because everything is more expensive here, the same way that mortgage rates are often higher here, or had been, because house prices would bump you into a jumbo, non-conforming loan.
Anyway, that's (one of my fears) about the proposed plans, and one I have had trouble finding info on. I would be happy for any pointers/explanations people can give on the definition(s) of a "Cadillac" plan.
Anyway, that's (one of my fears) about the proposed plans, and one I have had trouble finding info on. I would be happy for any pointers/explanations people can give on the definition(s) of a "Cadillac" plan.