by Eriksen Insurance | Oct 15, 2010 | Health Laws
NAIFA Reports: On October 12, the Obama administration announced a one-year delay of the W-2 reporting provision requiring employers to report the cost of health insurance coverage on employees’ W-2 tax forms. Section 6051(a)(14), added by the Patient Protection...
by Eriksen Insurance | Oct 15, 2010 | Health Laws
NAIFA Reports: On September 23, Sen. Lindsey Graham (R-SC) introduced S. 3829, the Long-Term Care Bailout Prevention Act to repeal the CLASS Act. The CLASS Act was included in the health reform law enacted this past March. It sets up a voluntary federal long-term...
by Eriksen Insurance | Oct 15, 2010 | Health Laws
NAIFA Reports: Prior to adjourning, the U.S. Senate rejected attempts to repeal two provisions of the Patient Protection and Affordable Care Act (PPACA) signed into law in March. 1099 Reporting: Enacted as part of PPACA, the Form 1099 requirements force all businesses...