Excerpt
Excerpt
Uniting Behind the Divisive ‘Cadillac’ Tax on Health Plans. N. Gregory Mankiw, Lawrence Summers, October 24, 2015, Opinion. "One of us, a former member of the Obama administration, remains a fan of the president. The other, not so much. But we agree on one thing: The excise tax on high-cost health care plans, the so-called Cadillac tax, is good policy. Congress should side with President Obama and resist calls to scrap it. Let’s start with the basics. Health insurance should be an ingredient of every family’s financial plan. Medical expenses are necessary and unpredictable, and they can be large. When a family receives an adverse health surprise..." Link