Article Title: APWU, Other Federal Unions Assail Senate Bill’s Excise Tax on Healthcare
Snippet of Article: "...“This tax would result in huge benefit cuts, and increased co-pays and deductibles for federal and postal employees,” Burrus said. “It is absolutely the wrong way to pay for this legislation. Health insurance reform simply should not be financed by burdening workers and the middle class with an excise tax.”
The two reports conclude that the “average” plans would try to avoid the excise tax, and would shift costs to employees.
One report [PDF] found that Blue Cross/Blue Shield Standard plans, which cover nearly half of all federal employees, will result in an excise tax on family plans of more than $20,000 per worker over the first 10 years, or about $2,000 a year. For individual plans, it would be about $1,600 additional each year...."
Source: www.apwu.org
