The Taxation of Indemnity Plans

The Taxation of Indemnity Plans

Author: Lipscomb and Pitts Insurance, Sarah Gillespie | Producer: Andrew Bartolotta March 22, 2017 Duration: 7:46
In January 2017, the IRS Office of Chief Counsel issued a memorandum clarifying the tax treatment of certain types of fixed indemnity plans offered by employers. Since the memorandum was released, several fixed indemnity plan insurance carriers have pushed back, stating that the interpretation of the IRS memo was too broad and should not affect the taxation of such plans. Listen in to learn how and if this affects various types of hospital and critical care reimbursement plans, cancer and accident plans, and other similar type lump sum reimbursement arrangements.

Navigating the complexities of employee benefits and healthcare compliance can feel overwhelming, but To The Point Podcast cuts through the noise with clarity and efficiency. Hosted by Sarah Gillespie, the Compliance Director at Lipscomb and Pitts Insurance, alongside a seasoned ERISA attorney, each episode delivers focused insight into the Affordable Care Act and other critical compliance landscapes. You’ll find no meandering conversations here-every discussion is deliberately concise, designed to fit into a busy professional’s day while providing actionable knowledge. The value of this podcast lies in its precision; each fifteen-minute segment tackles a specific, real-world topic, from interpreting new regulations to implementing best practices for benefits management. Whether you’re an HR manager, a business owner, or simply someone tasked with understanding these requirements, the guidance offered is both practical and authoritative. Produced by Andrew Bartolotta, the show respects your time while deepening your expertise, transforming dense legal and insurance topics into clear, digestible information you can use immediately to make informed decisions and streamline your responsibilities.
Author: Language: English Episodes: 84

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