Recent Article from Towers Watson Explains ACA Reporting Rules

Towers Watson has published a recent article, "IRS Guidance on Health Plan Coverage Reporting Under Health Care Reform". The article explains that:

"The Internal Revenue Service (IRS) has proposed new rules for health plan coverage reporting that will be used to enforce elements of health care reform. Under the first rule, insurers, self-insured employers, government-sponsored programs and others that provide minimum essential coverage must report coverage information to the IRS and to covered individuals. Under the second rule, large employers must report the health plan coverage they offer full-time employees to both the IRS and employees."

To read more, click here.