PeopleKeep

MAY 28, 2021

With thousands of Americans looking to agents and brokers for help navigating the confusing world of health insurance, qualified insurance agents are in high demand in the U.S.

Insurance 98

Insurance Health Insurance Healthcare Software 98

Higginbotham

JUNE 9, 2023

P CORI Fees Due July 31, 2023 The Affordable Care Act (ACA) requires health insurance issuers and self-insured plan sponsors to pay Patient-Centered Outcomes Research Institute fees (PCORI fees). As a result, these fees will continue to apply for the 2020-2029 fiscal years. February 2022 July 31, 2023 $2.79

Deductions 52

Deductions Deductible Health Insurance Taxes 52

Higginbotham

JUNE 7, 2022

As we have been discussing since last year through multiple webinars and compliance updates, the Transparency in Coverage Final Rules (TiC Final Rules) require group health plans and health insurance issuers to disclose on a public website detailed pricing information in three separate machine-readable files (MRFs).

Family and Medical Leave Act 52

Family and Medical Leave Act Health Insurance Insurance Carriers Insurance 52

Fringe Benefit Analysts

JUNE 15, 2020

At the end of 2019, Congress reauthorized the annual payment of the PCORI fee until 2029. The instructions with respect to PCORTF are contained on pages 8 and 9 of the Instructions for Form 720 Part II (the first portion of the instructions apply to health insurance policies, as opposed to self-funded health plans).

Medical 52

Medical Insurance Carriers Health Insurance Taxes 52

Higginbotham

SEPTEMBER 14, 2022

The negotiations will take effect in 2026 for 10 drugs covered by Medicare, increasing to 20 drugs in 2029. The law also implements a three-year extension on increased health insurance subsidies for coverage purchased through an Exchange.

Electronics 98

Electronics Health Insurance Human Resources Employment 98

AssuredPartners

MAY 17, 2019

excise tax on medial devices, the HIT (Health Insurance Tax). But, it also extended PCORI/CERF for another decade—now expected to sunset 2029. "},{"attributes":{"color":"#ff0000","bold":true},"insert":"However, as of June 1, 2020, the IRS has yet to set the rate for 1/1 plans ending 12/31/2019.

Flexible Spending Account 40

Flexible Spending Account Insurance Taxes Flexible Spending 40

AssuredPartners

DECEMBER 30, 2019

The Appropriations Act extends the PCORI fee for another 10 years, extending the financial and administrative burden on insurers and employers. Actuarial analyses have found that the tax added to the cost of coverage purchased in all market segments, including individual, large and small employers.

Taxes 40

Taxes Health Insurance Medical Insurance 40