9cff82d2__Your_Indispensable_Guide_TIME__What_it_is
[Term] "Cadillac" Health Plans [Why it matters] Health-care economists say these plans encourage unnecessary health-care spending. Since people with Cadillac plans don't have any interest in finding cost-effective health care  because they don't pay anything for it  they don't exert pressure on providers to lower costs or save money. Some lawmakers want to tax these plans to discourage them from being offered to employees. [What it is] 
Also known as "gold-plated insurance," these plans are very expensive, very generous and require little or no out-of-pocket expenses for those who have them. Public employers and union employees in the manufacturing sector (like many of those who worked for the Detroit automakers) commonly have Cadillac plans.
Understanding the Health-Care Debate: Your Indispensable Guide-TIME
What it is