The US Treasury has issued proposed rules designed to ease some of the reporting burden for employers and insurance companies under Obamacare.
Though we are still evaluating the scope of the rules, Thursday's proposal would, among other things, eliminate the need for employers to determine whether particular employees are full-time where adequate coverage is offered to all "potentially full-time employees." It also would let employers report specific costs for health plans only if the cost is above a certain threshold dollar amount.
More to follow.
Though we are still evaluating the scope of the rules, Thursday's proposal would, among other things, eliminate the need for employers to determine whether particular employees are full-time where adequate coverage is offered to all "potentially full-time employees." It also would let employers report specific costs for health plans only if the cost is above a certain threshold dollar amount.
More to follow.
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