This is the second of three parts about the problem with health insurance that city employees are (all) about to face. This is some fairly wonky stuff but I'm convinced that, unless there is a shift in policy, we will all be paying -a lot- for our healthcare.
Part 1: Great Insurance
Part 2: Toward the Tipping Point
Part 3: The Road Ahead
My last post, detailing how great our insurance is, ended on the somewhat gloomy note of the Cadillac Tax, a tax of 40% of the health insurance premiums which will cost more than 10,200 for individuals and $27,500 for family coverage in 2018.
It is important that we start this discussion with that reminder. This is because avoiding the Cadillac Tax is in the best interest of every single NYC employee and of the city government. Middle class city employees don't want insurance that doesn't cover anything. But if the city, as employer, winds up paying an excise for each employee, then that's just what will happen.
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