Employers Get Prepared for Healthcare Reform

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Healthcare reform, some love it, some hate it. However, the reality is…..it’s coming, so employers get prepared. One noticeable change for employers is the new requirement that employers must report the value of employer sponsored health coverage on employees’ W-2 Forms. The W-2 Forms to be issued in January 2013 will reflect this change for larger employers issuing 250+ W-2 Forms in 2011. As a result, for most employers, that means health coverage provided to employees during 2012 will need to be tracked for inclusion on the W-2 Form provided to employees in January 2013.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Tammy Ensslin, Meade Ensslin, PLLC | Attorney Advertising

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