Excellus Bluecross BlueShield logo
Login | Register | Forgot Username | Forgot Password
Quick Links
Program Offerings
By Phone
By Email
By Mail
Visit Us In-Person
News & Updates
Print Forms
About Us
Compliance Notices
Employer News | February 26, 2013
Employer News | February 26, 2013

W-2 Reporting Requirement for Employers Update

The Patient Protection and Affordable Care Act (PPACA) contains a requirement for employers to report the cost of health coverage under an employer sponsored group health plan on an employees' W-2 form. The cost includes both the cost paid by the employer and contributions from the employee.

When should costs be reported?

Employers will be required to report the cost of health insurance coverage starting January 2013 on W-2 forms filed for the 2012 tax year. However, employers who filed fewer than 250 W-2s for the 2011 tax year will be exempt until the IRS issues further guidance.

For more information, view our updated Frequently Asked Questions (FAQ) (PDF)

Need more information, please visit our Health Care Reform section for the latest updates and new information.

 

Home     News & Updates    Print Forms    About Us    Fraud & Abuse    Glossary    Accreditations   
Copyright © 2014, Excellus BlueCross BlueShield, a nonprofit independent licensee of the Blue Cross Blue Shield Association. All rights reserved. View our Privacy Policy for information on how we protect your privacy. Use of this site indicates your acceptance of our Terms of Use. Follow this link to view our 31 county New York State service area. You will need Internet Explorer or Firefox to use the secure features of this site.