Detailed text transcripts for TV channel - FOXNEWS - 20140531:18:02:00
Increase, just year over year. so pretty significant. and then that ramps up in 2017 when the cadillac tax goes in. and this is targeted at very gold-plated health plans, you know, the richest benefits. and those often are union plans. >> why is that? i mean, when you think about gold-plated plans, you think of goldman sachs, the big ceos. but that's not true. unions also have these very, very rich benefit packages. why is that? >> well, for years they have traded increases in wages for richer benefits, for more generous benefits. >> meaning sometimes no co-pays, almost no premium contribution...
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