Sec. 57.6302-1 Method of paying the health insurance providers fee.

(a) Fee to be paid by electronic funds transfer.

Under the authority of section 6302(a), the fee imposed on covered entities engaged in the business of providing health insurance for United States health risks under section 9010 and § 57.4 must be paid by electronic funds transfer as defined in section 31.6302-1(h)(4)(i) of this chapter, as if the fee were a depository tax. For the time for paying the fee, see section 57.7.

(b) Effective/applicability date.

This section applies with respect to any fee that is due on or after September 30, 2014.