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With ACA Repeal on Hold, Return of Health Insurance Tax Worries Business Groups
American Journal of Managed Care
Aug. 11, 2017 "[T]he 'annual fee,' which insurers call the Health Insurance Tax or HIT, remains on the books. The HIT took a holiday in 2017 thanks to the Consolidated Appropriations Act of 2015, but is scheduled to return next year.... [A] new report by Oliver Wyman estimates that the tax will increase premiums by 2.6% in 2018, and between 2.5% and 2.7% in later years when amounts collected are tied by law to premium trends." MORE >> |
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