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Year over year. so pretty significant. and then that ramps up in 2017 when this cadillac tax goes in. this is targeted at very gold-plated health plans, the richest benefits. and those often are union plans. >> why is that? when you think about gold-plated plans, you think of goldman sachs, 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. >> and getting sometimes no copays, no premium contributions and the employers now are asking the unio...

Obamacare? unions, of course, have been among the president's most loyal allies and were critical to the passage of his affordable care act in 2010, but now some are threatening to strike if they're forced to absorb the higher costs that come with the law. the wall street journal reported this week that unions and employers nationwide are squaring off over who will pick up the tab for new mandates such as coverage for dependent children up to age 26 and the so-called cadillac tax on premium health plans starting in 2018. i'm joined by wall street journalist dan henninger, joe rago, and assista...

Certain union plans. they now say the individual mandate, if your plan you wanted to keep was taken away from you, you can now declare a hardship and have a nonconforming plan. where is the authority to do that? >> i think it is pretty fair to say that whatever congress passed in terms of health care is not exactly what is being i'm plaw meanted right now. implemented right now. it is vastly different. i'm curious, where does that line go? the president has executive authority and president bush exercised it in his presidency 198 times and president obama 167. it is not really so much the numb...

Businesses. this year will be about a $100 per plan. but we are talking about $500 a year over time. this is a significant tax. and the whole idea and mission of obamacare is to get more people covered with health insurance. i could not under the concept of taxing plans if you want people to be able to afford health insurance. >> the impact on businesses and those cost with passed on. but most union plans are exempt. >> yes,and people are saying why

It's the hip ok racy. a bailout for the friends, but if you're like the rest of us, you get shafted. that's not fair. >> i'm confused on the bill. the president said there would be no bailout for insurers. he still has not even come close to agreeing to the $63 a head break for the union. if the perk you're referring to in congress is that their employer is going to pick up a percentage of their cost, then that's the same perk that everybody who works here gets. so i'm having trouble understanding what the special perks are. >> we'll explain it, but go ahead. >> okay. well, the fact is that th...