Self-Insurance Institute of America takes aim at Michigan law that would establish a new Medicare tax

The Self-Insurance Institute of America (SIIA) is challenging a new law in Michigan that would impose a 1% tax on paid health insurance claims beginning January, 2012. According to the law, the money collected from the tax will go to the state’s Medicaid program. The program would use part of the money to help cover the cost of claims and administrative fees stemming from participating insurance companies. The tax would generate $400 million in annual revenue for the state, but the Self-Insurance Institute claims that it violates federal law. According…

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Franchises to face a potential struggle from burden associated with health insurance tax

Franchise owners who are struggling to come through the economic crisis in an environment where poverty is rampant, and are starting to wonder if their ability to improve the employment situation may be related to the health insurance tax that was established as a part of the 2010 Patient Protection and Affordable Care Act, and which will begin as of 2014. The health insurance tax will require employers with 50 or more employees to pay a tax of $2,000 per worker, if the company chooses not to offer health insurance…

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