Health care provider qualified health plan amounts

From the 2024 DOR Tax Exemption Study

82.04.321 - Health care provider qualified health plan amounts Description Amounts received by a health care provider for services performed on patients covered by a qualified health plan are exempt from B&O tax. This includes reimbursement from the qualified health plan and any amounts collected from the patient as part of their cost-sharing obligation. Purpose To lower tax for businesses receiving income under the qualified health plan program. Taxpayer ($ in millions): savings FY 2024 FY 2025 FY 2026 FY 2027 State Taxes $8.650 $8.650 $8.650 $8.650 Local Taxes $0.000 $0.000 $0.000 $0.000 Repeal of Repealing this exemption would increase revenues. exemption Potential ($ in millions): revenue gains FY 2024 FY 2025 FY 2026 FY 2027 from full repeal State Taxes $0.000 $7.270 $8.650 $8.650 Local Taxes $0.000 $0.000 $0.000 $0.000 Assumptions - This repeal takes effect July 1, 2024, and impacts 11 months of collections in fiscal year 2025. - Growth is minimal; therefore, amount remains the same for future periods. Data Sources - Department of Revenue, Excise tax data Additional Additional Information Information Category: Business Year Enacted: 2019 Primary Beneficiaries: Healthcare prov