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Major Vermont Taxes

Health Care Claims Assessment for Fiscal Year
July 1, 2012–June 30, 2013

The Department of Taxes will collect the Health Care Claims Assessment for the fiscal year July 1, 2012–June 30, 2013. The Department has developed Form HC-1 for companies to report and pay the assessment. Please note that the assessment fee is due on or before January 2, 2014. This will be the last time the assessment and reinvestment fee will be collected.

Health Care Claims Tax Became Effective July, 1, 2013

The Health Care Claims Assessment was repealed on July 1, 2013 and replaced with a Health Care Claims Tax. The Department of Taxes is responsible for administering this tax. The tax is imposed on every health insurer in an amount equal to 0.999 of one percent of all health insurance claims paid by the insurer for its Vermont members in the previous fiscal year ending June 30. The tax applies to all health care and dental claims that are not financed through a federal program.

The Health Care Claims Tax does not include an exemption for smaller insurers that insure less than 200 lives. Previously exempt insurers will be required to pay the Health Care Claims Tax on all claims paid on or after July 1, 2013.

For more information on the changes in law, please see:
  32 V.S.A. § 10401 et. seq.;
   2013 Vt. Acts & Resolves, Act 73 §§ 48–54.
  Act 73 can be found here


Tax Types :
- Business Entity Income Tax
- Cigarette and Tobacco Taxes
- C Corporation Income Tax
- Estate and Gift Taxes
- Fiduciary Tax
- Franchise Tax
- Fuel Gross Receipts / Petroleum Distributor
- Health Care Claims Assessment/Tax
- Individual Income Tax
- Land Gains and Real Estate Withholding
- Meals and Rooms Tax
- Motor Vehicle Tax
- Property Tax
- Property Transfer Tax
- Sales and Use Tax

Vermont Department of Taxes, 133 State Street, Montpelier, Vermont 05633-1401