The insurance premium tax
is a civilised tool that has been implemented in most European countries," he said.
Most of the ACA-related tax filing problems that come to the case advocates' attention involve the ACA premium tax
36B(f)(1) requires taxpayers who receive the benefit of advance premium credit payments to file a tax return and reconcile the advance credit payments with the premium tax
credit the taxpayer is allowed for the tax year.
employer-sponsored coverage through employee's enrollment, and the coverage was affordable and provided minimum value, they are not eligible for a premium tax
credit," officials say.
Any hike in insurance premium tax
will lead to spikes in uninsured driving.
36B was ambiguous, when read in the context of the entire statutory scheme and its purpose of stabilizing the health insurance market, it is "implausible" that Congress intended to limit the availability of the premium tax
credit in states with federal exchanges.
The court ruled that eligibility for the ACA's health premium tax
credit is not limited to people purchasing a health plan on a state-based exchange.
36B premium tax
credit, taxpayers must be enrolled in a qualifying health care plan.
Beginning in 2014, people applying for private health insurance coverage through the Affordable Care Act's health insurance marketplaces exchanges during open enrollment periods may apply for an advance premium tax
Beginning in 2014, individuals without other sources of insurance can purchase coverage through the Health Insurance Marketplace, with possible assistance from a Premium Tax
In a letter to federal officials, the coalition expressed concerns from employers of all sizes across the country and emphasized solutions for minimizing the number of employees who must repay advanced premium tax
credits each year, as a way to ease the significant compliance burden on employers.
If your income or household size have changed, you'll need to report that to the Marketplace so you get the right premium tax
Tommy Williams, R-The Woodlands, to use premium tax
revenue to subsidize private health policies for the uninsured.
PRU LIFE UK is pushing for the lifting of the premium tax
on insurance, saying such a move will address the problem of low insurance penetration rate in the Philippines.
Federal officials are laying the groundwork for the launch of state-based health insurance exchanges in 2014, handing out millions of dollars in grants to states, designing tools to determine eligibility to buy insurance, and proposing details on how the refundable premium tax
credits will work.