Kaiser Family Foundation poll: 60% of public opposes 'Cadillac tax'

The majority of Americans — 60 percent — are against the hotly contested "Cadillac tax," while just 28 percent of in favor of it, according to a Kaiser Family Foundation poll.

The "Cadillac tax," created under the Affordable Care Act, would impose a 40 percent tax on higher cost employer-sponsored health plans beginning in 2018. The tax is intended to help control healthcare spending by incentivizing employers to scale back their employee health plans and shift some costs onto employees.

The Kaiser Family Foundation's poll reveals an overall negative sentiment regarding the "Cadillac tax." However, when the public is presented with arguments about how the tax would affect healthcare costs, some people change their opinions, according to the report. For instance, after hearing the tax could help lower healthcare costs, some Americans are swayed to favor the tax, resulting in 55 percent of Americans supporting the provision. Conversely, negative arguments sway somewhat more voters to oppose the law.

More articles on finance:
Zotec Partners' Ed Gaines named chair of ACEP, EDPMA joint task force
RCM tip of the day: Boosting cash flow during ICD-10 migration
Are community hospitals ready for the new world of revenue cycle management?

© Copyright ASC COMMUNICATIONS 2021. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Featured Whitepapers

Featured Webinars