We recently surpassed April 15, Tax Day for most all of us—but did you realize that all companies offering a health insurance plan have two additional tax/fee deadlines to comply with? Consider:
- The Patient-Centered Outcomes Research Trust Fee (or more commonly referred to as PCORI fee) is due by July 31 and must be submitted with IRS Form 720. This is a $2/covered person fee.
- The Reinsurance Fee went into effect Jan. 1 and is a $63/covered person fee, although the first installment is not due until Jan. 15, 2015.
Before you take any action, take a look into what the NRHA Group Health Insurance Program offers. Partnering with Custom Benefits Insurance Group, the affordable NRHA Group Health Insurance Program is a sensible solution to group health insurance offering a host of options.
For more information on how the plan can help your business, contact Bob Chiesa, President, Custom Benefits Insurance Group, Inc. at: 888-201-7408 or firstname.lastname@example.org and reference the NRHA Health Group Insurance Program.