PCORI Fee Applies for Another 10 Years

It’s that time of year again. Time for self-insured health plan sponsors to prepare to report and pay the annual Patient-Centered Outcomes Research Institute (PCORI) fee that was established by the ACA.  Although originally established for plan years ending from October 1, 2012 through September 30, 2019, the fee has

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Why Captive Insurance Companies Are Being Scrutinized by the IRS

Captive insurance companies have become a popular risk management tool due to the ability to insure specific or otherwise uninsurable risks while also creating the potential for substantial tax savings. In a typical arrangement, a business establishes a licensed insurance company (the “captive”) which can be owned by the same

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Manufacturing Growth Slows as Labor Supply Contracts

Despite a slowdown from the month of August, the Institute for Supply Management’s September 2014 Manufacturing Report on Business shows that the US economy expanded in September for the 64th consecutive month, and the manufacturing sector posted its 16th consecutive month of growth.  Of the 18 manufacturing industries,

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