Treasury Relaxes ACA Employer Mandate Reporting Rules

Law360, New York (March 5, 2014, 7:35 PM EST) -- The Obama administration on Wednesday streamlined reporting requirements related to the Affordable Care Act’s employer mandate, consolidating certain forms and offering to relax expectations for businesses that keep premiums low.

In final rules, the U.S. Department of the Treasury addressed complaints about overlapping standards in two ACA sections — 6055 and 6066 — that can apply to large companies that self-insure. Under the regulations, such businesses will use a single form, “thereby simplifying the process and avoiding duplicative reporting,” Treasury said.

The mandate applies to companies...
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