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Surprise: New Insurance Fee in PPACA

The charge, buried in a recent regulation, works out to tens of millions of dollars for the largest companies, employers say.

By Richard Zaldivar-Alonso | Updated on December 13, 2012

WASHINGTON (AP) — Your medical plan is facing an unexpected expense, so you probably are, too. It’s a new, $63-per-head fee to cushion the cost of covering people with pre-existing conditions under the Patient Protection and Affordable Care Act (PPACA).

The charge, buried in a recent regulation, works out to tens of millions of dollars for the largest companies, employers say. Most of that is likely to be passed on to workers.

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