At this point in time, it is clear that reporting the value of health benefits on the employee’s W-2 does not create a tax liability.
Category: Healthcare
Not much is as important as health care and in America the debate rages on despite passage of the PPACA. What are the ongoing issues, what will be involved in implementing this massive legislation, what will change and what will not when it comes to health care?
HHS shuts off applications under ERRP
To date Health and Human Services has reimbursed 1500 employers $1.5 billion under the Early Retire Reimbursement Program which is part of PPACA. Based on
Preventive services under PPACA. Do they include contraceptives and family planning?
Under the Patient Protection and Accountability Act preventive services will be covered at 100%. The concept is to remove all financial barriers to these services
Reporting value of health benefits on employee’s W-2 in 2012. IRS issues guidance under Notice 2011-28
Shortly after the enactment of health care reform legislation the rumors were flying that the law required reporting the value of health insurance on the
