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What does HIT stand for?

HIT stands for Health Insurance Tax

This definition appears very rarely and is found in the following Acronym Finder categories:

  • Military and Government
  • Business, finance, etc.

See other meanings of HIT

Other Resources:
We have 241 other definitions for HIT in our Acronym Attic

Samples in periodicals archive:

The health insurance tax, or HIT for short, is a tax on the health care policies purchased in the fully-insured and individual markets.
The carriers are pointing to the new 3:1 age bands and the disproportionate health insurance tax, and there are reports that hospitals and provider fees are on the upward trajectory, and we're concerned about the impact these factors will have on consumers and employers that are looking to do right by their employees.
It explains health insurance exchanges; how accountable care organizations (ACOs) should function and their legal and economic benefits; grandfathered plans under the Act; the risks and benefits of adopting a corporate wellness program; penalties imposed on an employer that drops coverage; medical loss ratios; provisions affecting small businesses; activities that improve health care quality; how accounting firms representing providers can minimize liability; calculation of health insurance tax credits and penalties; the five major components of the reform legislation; different types of state insurance exchanges permitted under the Act; and how the federal legislation relates to existing state reforms.