Monday, November 18, 2013

ERIC Testifies at ACA Reporting Hearing

As the ERISA Industry Committee explains in its press release:

"Richard Stover, Principal and Consulting Actuary of Buck Consultants (a Xerox Company), testified today on behalf of The ERISA Industry Committee (ERIC) before a joint Treasury Department and IRS hearing on proposed regulations under the Affordable Care Act on information reporting by large employers on health coverage.

Stover underscored a series of recommendations ERIC made to Treasury and IRS in its comment letter urging the agencies to further revise and simplify the proposed reporting requirements because the suggested methods generally are not appropriate for most large employers."

To read more, click here.
ERIC members and trial members can read about the hearing here.
For a copy of the testimony, click here.
For ERIC’s comment letter, click here.

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