"filed comments urging the IRS to further revise and simplify the proposed regulations concerning reporting requirements applicable to health insurance coverage offered under employer-sponsored plans.
ERIC’s letter addresses two sets of regulations proposed by the IRS: 1) reporting requirements under Internal Revenue Code (IRC) section 6055 to determine whether an individual has the coverage necessary to avoid the individual mandate penalty under the Affordable Care Act (ACA); and 2) reporting requirements under IRC section 6056 to help determine whether an employer owes the ACA shared responsibility penalty and whether an individual is eligible for subsidized coverage on an Exchange."
To read more, click here.
ERIC’s letter addresses two sets of regulations proposed by the IRS: 1) reporting requirements under Internal Revenue Code (IRC) section 6055 to determine whether an individual has the coverage necessary to avoid the individual mandate penalty under the Affordable Care Act (ACA); and 2) reporting requirements under IRC section 6056 to help determine whether an employer owes the ACA shared responsibility penalty and whether an individual is eligible for subsidized coverage on an Exchange."
To read more, click here.
For ERIC's comment letter, click here.
No comments:
Post a Comment
Please be aware that all comments are moderated before posting. As a result, there may be a delay between the time you submit a comment and when it is posted.