The U.S. House of Representatives June 7 passed the Health Care Cost Reduction Act of 2012 (H.R. 436) by a vote of 270-146. The bill would repeal two tax increases contained in the Patient Protection and Affordable Care Act (PPACA).

To help members make sure they are in compliance with the new requirements under the Patient Protection and Affordable Care Act (PPACA), or health care law, ABC is offering a 2012 compliance checklist.

To help members make sure they are in compliance with the new requirements under the Patient Protection and Affordable Care Act (PPACA), or health care law, ABC is offering a 2012 compliance checklist.

The Department of Treasury and the Internal Revenue Service (IRS) recently issued three notices related to the health care law that address minimum value and information reporting on health insurance coverage. In addition, the Departments of Health and Human Services, Labor and the Treasury issued a separate bulletin regarding verification of access to employer-sponsored coverage.

The Department of Treasury and the Internal Revenue Service (IRS) recently issued three notices related to the health care law that address minimum value and information reporting on health insurance coverage. In addition, the Departments of Health and Human Services, Labor and the Treasury issued a separate bulletin regarding verification of access to employer-sponsored coverage.

The Patient Protection and Affordable Care Act requires employers that issue more than 250 W-2 forms to report the cost of health care coverage under an employer-sponsored group health plan on each employee’s 2012 W-2 form, which generally are required to be provided to employees in January 2013.  

The Patient Protection and Affordable Care Act requires employers that issue more than 250 W-2 forms to report the cost of health care coverage under an employer-sponsored group health plan on each employee’s 2012 W-2 form, which generally are required to be provided to employees in January 2013.  

As part of the Employers for Flexibility in Health Care (EFHC) coalition, ABC submitted comments April 5 to the U.S. Department of Labor on the Patient Protection and Affordable Care Act (PPACA) to offer its suggestions on ensuring employer-sponsored coverage remains a competitive option for all employees, whether full time, part time, temporary or seasonal.

As part of the Employers for Flexibility in Health Care (EFHC) coalition, ABC submitted comments April 5 to the U.S. Department of Labor on the Patient Protection and Affordable Care Act (PPACA) to offer its suggestions on ensuring employer-sponsored coverage remains a competitive option for all employees, whether full time, part time, temporary or seasonal.

Under the Patient Protection and Affordable Health Care Act, health insurance issuers are required to spend a minimum percentage of their premiums, called a medical loss ratio (MLR), on health care and health care quality improvement activities. Health insurance issuers that do not meet this minimum, which is at least 80 or 85 percent of their premiums, must pay a rebate to consumers.