Reimbursement of Individual Policy Premiums

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Reimbursement of Individual Policy Premiums

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Reimbursement of Individual Policy Premiums

May 13, 2015 Robert Sheen Editorials

Mark Stember

Some employers choose to reimburse employees for the cost of individual health insurance coverage rather than establishing a group medical plan.

But these plan don’t comply with the Affordable Care Act and may trigger stiff penalties, warns Mark Stember, an attorney with Kilpatrick Townsend & Stockton LLP.

For any questions or a consultation on the ACA or IRS Letter 226J, contact Gregg Kasubuchi of First Capitol Consulting at (213) 355-5108 or at gkasubuchi@fcci.us.com.

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Robert Sheen

Esq., is editor-in-chief of The ACA Times. He also is founder, president and CEO of First Capitol Consulting

Robert Sheen is Founder and President of First Capitol Consulting, Inc. Robert is a graduate of the University of Southern California, in Business Administration with an emphasis in International Finance. He earned his Juris Doctor from Loyola Law School, Los Angeles, concentrating in Tax Law.

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