In This Issue:
Leading the News; Implementation of the Affordable Care Act; Other HHS and Federal Regulatory Initiatives; Other Congressional and State Initiatives; Other Health Care News; and Hearings and Mark-Ups Scheduled.
Excerpt from Leading the News -
IRS Releases Reporting Requirements for Employer Mandate:
On September 5th, the IRS released proposed rules regarding reporting requirements for the ACA’s employer mandate. A press release from the Treasury Department stated that the proposed rules reflected its goal to implement the ACA’s reporting requirements in a streamlined and focused manner. Although reporting requirements will be voluntary in 2014, the press released encouraged real-world testing of reporting systems in order to facilitate a smooth transition to full implementation in 2015. A public hearing on the proposed rule will take place on November 18th.
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