RGL Consultants

As part of the Affordable Care Act (ACA), employers are required to report the cost of health benefits coverage under an employer-sponsored group health plan. This applies to both self-funded (ASO) and fully insured employer groups.

Beginning in January, 2012, employers that were required to file at least 250 W-2 forms in 2011, were required to start tracking the total cost of health care coverage for tax year 2012. This information will be reported to the Internal Revenue Service on employee W-2 forms that will be issued in early 2013. This reporting is for informational purposes only and does not affect an employee’s tax liability.

However, for small groups (employers that were required to file fewer than 250 W-2 forms in 2011), reporting will continue to be optional for the 2012 tax year; mandatory for the 2013 tax year.

In previous issues of the Pipeline, we have touted the importance of a performance management program as part of the overall quest for employee and organizational success. In this article we look at a specific correlation in the process which exposes the relationship between compensation and performance, more specifically, the distribution of dollars. read more »