By Nick Bourke-Morton, Business Insider / December 29, 2017 6:22pmMURDERSVILLE, Alabama – When a company is allowed by its shareholders to use government funds to cover the cost of its own healthcare, the cost to taxpayers is not covered.
That’s the case with a business called Marsh Corporate Services Corporation.
Marsh has about 200 employees, including a medical doctor, and operates three offices in Alabama.
In 2017, Marsh was one of the companies that received federal funding that helps companies pay for healthcare, called the Health Care Financing Program, or HCP.
Marsh says it didn’t need to apply for that money.
Its tax exemption allows Marsh to deduct the cost from its employees’ salaries.
But it also is required to provide a plan for all employees to keep up with medical and dental expenses.
Marsh is a company that is currently undergoing bankruptcy, and has filed for Chapter 11 bankruptcy protection in Florida.
Marsh has been working to cover its healthcare costs with its own money for the past six years, and says it’s been reimbursed by the HCP for the cost since 2018.
However, Marsh said it didn, and didn’t, get a HCP grant because of a provision in the tax code that prevents public funds from being used for healthcare expenses, according to a statement sent to Business Insider by Marsh.
“It’s an oversight that the IRS doesn’t seem to understand,” said a Marsh spokesman.
“If it were the case, Marsh would have had to go through the proper channels to apply to the government for the grant.”
Marsh says in its statement that it received $2.8 million from the HCC for healthcare benefits in 2017.
It is paying $2,600 a month for the payments.
Marsh claims that the HRC grants the company money for costs that it would not otherwise have been able to cover because of its tax exemption.
Marsh also said it was reimbursed for $4,200 for dental expenses for its doctors.
The company said that its doctors have paid $50,000 in medical expenses since 2018, and that Marsh pays $1,200 per visit to the doctors for general medical care.
Marsh did not provide any details about the costs it paid for medical care, or any information about whether it has filed any claims with the IRS.
Marsh declined to provide Business Insider with any information on its tax status.
The HCP is one of several federal healthcare programs that allow corporations to deduct expenses incurred in order to meet certain health insurance requirements.
The HCP also allows corporations to use HCP funds to finance insurance premiums.
The Marsh statement says that the Marsh plan has not yet been fully implemented.
Marsh’s spokesman did not respond to questions from Business Insider about how many Marsh employees have purchased Marsh plans.
Marsh’s CEO, Dan Schulte, said that Marsh is in talks with Marsh’s creditors to work out a plan that would allow the company to continue paying doctors for services they provide.
Schultes statement said Marsh will continue to reimburse its doctors and provide healthcare to Marsh’s employees until Marsh can get its plan approved by the federal government.
Marsh was one in a series of companies that had been allowed to make payments to Marsh through the HCM program.
A large company called Green River Services Corporation is also one of those companies.
Green River, which has offices in two states, received a $3.6 million HCP tax break in 2018.
Green, which is headquartered in Oklahoma, said it did not have enough cash to cover healthcare costs, and had to close its offices.
GreenRiver was one company that had received federal money to cover medical expenses for Marsh employees.
In 2018, GreenRiver was among the companies it applied to receive federal funds to help pay for medical expenses, known as the Health Maintenance Organizations Program, also known as HMO.
Green’s spokesman, Dan Loeffler, said GreenRiver applied for the HMO grant for its employees because it wanted to avoid having to repay the HMP.
Loeffer, a GreenRiver attorney, did not answer questions about whether GreenRiver would be able to pay its employees back the money.
Green said that it paid its employees $1.6m for medical services last year, and is paying another $3m this year.
Green also said that GreenRiver is still working to make its HMP payment plan work, and to ensure that its employees are covered.
GreenRiver said that when the company applied for HMP, it had about $4.4m in cash on hand, and $5.2m in HMP assets.
Loeffer said Green River expects to have the HMC plan approved in 2020.
The company has not received any federal funding for healthcare since 2018 because it is insolvent, and because the company is not eligible for the federal healthcare grant program, which allows corporations like Green River to qualify for HCP payments.
Green says that