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Administration Requests Comments on Employer Requirements Under Health Care Law

American Staffing Association (04/30/12) Ed Lenz

The U.S. Internal Revenue Service and the U.S. Department of Health and Human Services have issued formal requests for comment on certain employer requirements under the Affordable Care Act. In this round of requests, the government is asking for input on several issues, including the process for verifying an individual’s eligibility for tax credits to purchase insurance coverage through state-based health insurance exchanges, and employers’ obligation to provide an annual report to the IRS on the employees covered under their health plans and the details of such coverage—including the number of full-time employees, the length of any waiting periods, and whether the employer’s plan provides “minimum value.” Comments are due June 11. ASA and its business allies in the Employers for Flexibility in Health Care coalition will be submitting comments in response to the requests.