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Tag: narrow networks

Covered California

CalPERS Could Owe Obamacare $770 Million in “Cadillac Tax’

California government entities and their unions are panicking because Obamacare’s punitive 40% “Cadillac Tax” beginning in 2018 will directly hit the low-deductible and broad-provider network type of “platinum” healthcare coverage that public employees have enjoyed under the California Public Employee Retirement System (CalPERS).