The Internal Revenue Service has issued a proposed rule to implement and enforce parts of the Patient Protection and Affordable Care Act that require many employers to provide health coverage.
The plan includes more specifics on the Employer Shared Responsibility provisions of the federal healthcare law, which will be enacted at the start of 2014. Details of the proposal include criteria for full- or part-time employee status, calculations of number employed and the size of penalties for not providing minimum health coverage.
The IRS will accept comments on its proposal through March 18th, and will continue to take employer input for topics it will discuss at a public hearing in April.
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The plan includes more specifics on the Employer Shared Responsibility provisions of the federal healthcare law, which will be enacted at the start of 2014. Details of the proposal include criteria for full- or part-time employee status, calculations of number employed and the size of penalties for not providing minimum health coverage.
The IRS will accept comments on its proposal through March 18th, and will continue to take employer input for topics it will discuss at a public hearing in April.
More Articles on the Employer Shared Responsibility Provisions:
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