Baucus’s health bill aims to reform employers’ W-2 reporting – Employee Benefit News
By Lydell C. Bridgeford
September 17, 2009
The health care proposal submitted by Sen. Max Baucus (D-Mont.), chairman of the Senate Finance Committee, would require employers to disclose the cost of health benefits on workers’ W-2 forms.
The America’s Healthy Future Act calls for businesses to disclose the value of benefits provided by the employer for each worker’s health insurance coverage on the employee’s annual Form W-2. The measure would be effective beginning in 2010. The provision “has a negligible revenue impact over 10 years,” according to the bill.
Baucus’s health bill aims to reform employers’ W-2 reporting – Articles – Employee Benefit News
