| The Affordable Care Act (ACA) requires that taxes be collected in order to fund certain provisions of health reform. Beginning January 1, 2014, there are two new taxes that will go into effect. We are providing a summary of those taxes below, as well as a convenient fact sheet you can download for your reference and to share with your clients. Purpose of these ACA Taxes Health insurer tax – to help fund premium subsidies for certain individuals and families purchasing coverage through health insurance exchanges. Transitional reinsurance tax – to help stabilize premiums and the cost of high-risk individuals entering the individual market in each state's health insurance exchange. |
Wednesday, March 20, 2013
Affordable Care Act Taxes effective January 1, 2014
Affordable Care Act Taxes effective January 1, 2014
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