State workers’ health insurance is likely to undergo substantial changes in coming years or the state is going to owe millions of dollars in federal taxes, according to Public Employees’ Benefits Board analysts. The Affordable Care Act imposes a 40 percent excise tax on insurance plans that are too"rich,” which means the premiums are more expensive than a set level. It can cost no more than $850 per month to insure an individual and no more than $2,291 per month for a family plan under the law, and it doesn’t matter how the employer and employee split those costs. It’s the total that counts. Employers whose plans are above those levels must pay the tax or find a way to avoid it, which often means cutting benefits.
www.statesmanjournal.com/article/20131120/NEWS/311...eck=1
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