Tuesday, December 25, 2012

Self-insured? - Business Management Daily

The IRS has announced final regulations governing new fees?payable by health insurers and employer sponsors of self-insured health plans?that will help fund a new Patient-Centered Outcomes Research Institute. Created by the Afford??able Care Act health care reform law, the institute was established to advance medical best practices based on how healthy patients remain after they have received care.

It is funded in part by the new fees charged to insurance plans?currently $1 per insured (including spouses, dependents, retirees and COBRA participants). The first payment is due July 31.

If you are a traditional group health plan, the fees are cooked into premiums, and your carrier will handle payment.

However, if your plan is self-insured, you?re on the hook. Consult with your organization?s plan administrator and tax advisor to determine how you should proceed.

The fees are pursuant to 26 CFR Parts 40, 46, and 602. For more information on obligations of self-insured plans, contact the IRS at (202) 622?6080.

Like what you've read? ...Republish it and share great business tips!

Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...

We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.

The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.

" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/34125/self-insured-new-health-plan-fees-due-to-irs-in-july "

Source: http://www.businessmanagementdaily.com/34125/self-insured-new-health-plan-fees-due-to-irs-in-july

scarlett johansson 49ers survivor tim tebow homeland homeland snl

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.