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…

Read More
Insurance News Today - LYING ON CAR...
➡️ WATCH TOP INSURANCE NEWS STORIES IN: ENGLISH & SPANISH