The Internal Revenue Service is taking a tough approach on which benefits plans and carriers will have to pay the new federal health insurance tax in 2014.

Section 9010 of the Patient Protection and Affordable Care Act requires health plans and commercial insurers to pay $8 billion in new taxes in the coming year, and more in later years, to help compensate for the new, subsidized business PPACA is supposed to send to carriers. 

The "covered entities" subject to PPACA Section 9010 will have to pay a flat, per-person tax using Form 8963. 

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Allison Bell

Allison Bell, ThinkAdvisor's insurance editor, previously was LifeHealthPro's health insurance editor. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached at [email protected] or on Twitter at @Think_Allison.