Your firm's chance to weigh in on healthcare reform
The IRS wants to hear your thoughts on one of the most controversial provisions in the healthcare reform law: the shared responsibility mandate. But you don’t have much time to respond.
Employers have until June 17, 2011, to submit public comment to the IRS.
Commonly referred to as “Play or Pay,” the shared responsibility provision would require firms with at least 50 full-time equivalent (FTE) employees to pay a penalty if they fail to offer FTE workers healthcare coverage – or if they offer coverage that’s unaffordable or doesn’t provide minimum value, starting in in 2014.
The feds are looking for comments on specific definitions of employer, employee and hours of services, proposed methods for calculating work hours for hourly and non-hourly workers, as well as other issues.
For detailed info on how to submit comments, click.
- Share on
Free Training & Resources
White Papers
Provided by Personify Health
Further Reading
CFOs and benefits professionals can only do so much to influence employees to invest in a company 401(k) plan. So-called influencers are of...
Financial wellness programs often sound expensive or complex, but the truth is that one simple step — helping employees better unders...
Finance rarely sees jury duty or bereavement as risk. They’re payroll line items. Until courts link them to USERRA military leave –...
Layoffs, inflation, AI … these are just some of the factors making employees feel more stressed about their jobs and career future. S...
401(k) investment plans remain one of the best ways for Americans who are living well into their 70s and 80s to afford retirement. After al...
Maine’s Paid Family and Medical Leave (PFML) program began paying benefits on May 1, 2026. The state DOL runs the program with Af...
