Common use of Affordable Care Act Excise Tax Clause in Contracts

Affordable Care Act Excise Tax. Notwithstanding the above, Xxxxxx Permanente and the Alliance are committed to KP being the affordable health care provider of choice. As part of this commitment, Xxxxxx Permanente and the Alliance agree to collaborate in assuring that KP is not subject to any PPACA excise tax. If it is determined in May 2021 that a tax would be levied in 2022, the parties will meet and reach consensus decisions by August 2021 to avoid the tax.

Affordable Care Act Excise Tax. Notwithstanding the above, Xxxxxx Permanente and the Alliance Coalition are committed to KP being the affordable health care healthcare provider of choice. As part of this commitment, Xxxxxx Permanente and the Alliance Coalition agree to collaborate in assuring that KP is not subject to any PPACA excise tax. If it is determined in May 2021 2017 that a tax would be levied in 20222018, the parties will meet and reach consensus decisions by August 2021 2017 to avoid the tax.