This is one of several new fees intended to help fund implementation of the Patient Protection and. Affordable Care Act (PPACA). This fee on health insurers . Get details on the taxes and fees established under Affordable Care Act to generate . Health Insurance Industry Fee – Helps fund PPACA implementation. Act requires health insurance providers to pay an annual, non-tax deductible fee to help cover the cost of the ACA. Each qualifying insurer will be responsible for . The Guardian Life Insurance Company of America, 7 Hanover Square, New . The Affordable Care Act places an Annual Fee on health insurance premiums.