Premium reimbursement is a costly violation

Potomac Companies, washington, obamacare, health insurance, insurance, compliance, aca, affordable care act, audit, healthcare, broker, health care, benefits
The Internal Revenue Service, Department of Labor and Department of Health and Human Services have each issued frequently asked questions stating that employer payment plans (sometimes referred to as premium reimbursement plans) for individual health insurance coverage fail to comply with the Affordable Care Act. Employers that violate this rule are subject to an excise tax of up to $100... Read More