Blue Alert – Comprehensive FAQ About Taxes and Fees is Available
We’ve combined health care taxes and fees information for both the Affordable Care Act and the state of Michigan into one frequently asked questions document.
Which Taxes and Fees Are Discussed In The New, Comprehensive FAQ?
ACA Taxes and Fees State of Michigan Taxes and Fees
* Comparative Effectiveness Research Fee * Michigan Claims Assessment Tax
(also known as the Patient-Centered Outcomes Research (also known as the Health Insurance Claims
Institute Fee, or PCORI Fee) Assessment, or HICA)
* Federal insurance premium tax
(also known as the Health Insurance Tax, or HIT) * Michigan Insurance Premium Tax
(also known as the state insurance premium tax)
* Reinsurance Fee
(also known as the Transitional Reinsurance Fee, or TRF)
* Risk Adjustment Fee
* Marketplace Fee
* High-Cost Health Plan Excise Tax
This comprehensive FAQ will be updated as further guidance is issued from the federal government or the state of Michigan.
Note: If you have questions about quotes, renewals and groupwide changes, read this FAQ about 2016 renewal packages and premiums as well as these talking points.
Questions? Contact your Blues sales representative or managing agent.
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