IRS Offers Some Relief on Employer Coverage Reimbursement

Healthopolis

Thursday, Feb. 19, 2015 | Roll Call Home »

IRS Offers Some Relief on Employer Coverage Reimbursement  By Paul Jenks The administration has quietly bowed to pressure from small businesses on taxing employers who offer cash reimbursement to employees to purchase health insurance. The IRS and Department of Labor reminded taxpayers last year that premium reimbursement through health reimbursement accounts does not absolve the employer from the requirement to offer health coverage. The employer will still be subject to an excise tax for failure to provide coverage. Full story ICYMI Next Month in Congress: Physician Payment Fix  By Paul Jenks When Congress returns for a new legislative work period next week, lawmakers will be forced to make a decision on extending, adjusting or overhauling the Medicare physician payment system. Doctors treating Medicare beneficiaries would see their fees reduced by about 21 percent if Congress doesn't act before a current payment adjustment expires on March 31. The payment formula has been adjusted to avoid a payment cut 17 times since 2003. Full story ICYMI: Raw Milk Outbreaks on the Rise, CDC Says