Entries for ' tax'

The Affordable Care Act established the Patient-Centered Outcomes Research Institute (PCORI) to explore the effectiveness, risks and benefits of medical treatments. The fees were originally scheduled to be collected for plan years and policy years that end after September 30, 2012 and before October 1, 2019.  In a bill recently signed by the President, the PCORI  fee has been extended through fiscal year 2029.  All non-excepted employer sponsored health pl... Read more
As reported by National Association of Health Underwriters, Congress has voted to fully repeal the Cadillac (excise) Tax and the Health Insurance Tax. The legislation fully repeals the Cadillac Tax and repeals the HIT effective January 1, 2021, which means the HIT will still be in place for 2020. According to the Congressional Budget Office, repealing the Cadillac Tax will save consumers $197 billion, and the HIT repeal will save consumers $150 billion! Busines... Read more