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Quotes

4/9/2010

BNA's Health Care Daily: Immediate and Long-Term Deadlines Face Both Employers, Health Plans Under Reform

Terry Connerton, Of Counsel in the firm's Washington, D.C., office, was quoted in the April 9, 2010, Bureau of National Affairs' Health Care Daily article, "Immediate and Long-Term Deadlines Face Both Employers, Health Plans Under Reform."

According to the article, many employers and health plans will need to hustle to meet immediate compliance deadlines established by the Patient Protection and Affordable Care Act of 2010, as several health care benefit mandates and consumer protection provisions under the new law are effective October 1, 2010, or plan years beginning six months after the March 23 enactment date of the law.

For taxable years beginning after December 31, 2010, employers must report on their employees' W-2 forms the full premium value of their employee health coverage, according to the article. However, it is unclear whether employers should also include the value of employees' dental and vision coverage, especially where coverage for dental and vision is covered under a separate plan. Connerton said reporting questions would at least be clarified in the instructions to the W-2 forms.