Bishops, agencies to see insurance changes
Original post by UMNS on August 31, 2015
Big changes are coming to the United Methodist health plans offered to bishops and general agency employees, largely in response to the Affordable Care Act.
These changes are the first steps in avoiding the 40-percent excise tax, commonly called the “Cadillac tax,” that will apply to “high-cost” employer-sponsored coverage starting in 2018. The levy is the first U.S. tax on health care benefits, and it has the potential to affect the benefits of people in a variety of professions across the United States.