Along with the influx of new customers, the Affordable Care Act (ACA) is bringing health insurance companies new IRS obligations that could have a major impact on their profitability. While not all of these obligations are outright taxes, the ACA has effectively turned the IRS into a monitoring and enforcement mechanism for many of the health law’s administrative provisions. The cost of meeting these requirements will act as a tax of sorts.
Reported by Forbes.com 14 hours ago.
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