A Translation Of IRS Policy On Health Insurance Issuers

Law360, New York (May 3, 2013, 6:31 PM EDT) -- On April 1, 2013, the Internal Revenue Service issued proposed regulations providing guidance on the $500,000-deduction limit for compensation paid by certain health insurance companies to their employees. Because of the complexity of these rules, we recommend contacting counsel for advice on compliance with the rules if your company potentially qualifies as a covered health insurance provider....

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