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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Topics: Affordable Care Act, Deadlines, Delays, Employer Mandates, Healthcare Reform, HHS, IRS, Reporting Requirements, Shared Responsibility Rule, U.S. Treasury
Published In: Health Updates, Insurance Updates, Labor & Employment Updates
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.
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