ACA Insurer Tax

A fee imposed on entities engaged in providing health insurance in the United States to help fund the implementation of the Patient Protection and Affordable Care Act Affordable Care Act
The Affordable Care Act (ACA) is a comprehensive health care reform law enacted in March 2010. The health care law offers rights and protections that make coverage more fair and easy to understand. Some rights and protections apply to plans in the Health Insurance Marketplace or other individual insurance, some apply to job-based plans, and some apply to all health coverage. The protections outlined below may not apply to grandfathered health insurance plans. (PPACA, or ACA).  The fee is based on each insurer’s share of the taxable health insurance premium premium
Payment to your insurance company for health and prescription drug coverage. If you receive health insurance through your employer, your premium may be deducted directly from your paycheck. If you have separate health and dental insurance, you would have two premiums. If you don’t pay your premium, your health care coverage will be cancelled. base. This tax does not apply to self-insured employers, government entities, some nonprofit organizations, and certain voluntary employee beneficiary associations.