New Guidance and Relief for Employer Payment of Individual Premiums
April 1, 2015
On Feb. 18, 2015, the IRS issued Notice 2015-17 to provide additional guidance on employer payment plans and reiterate that these are group health plans that fail to comply with the ACA’s market reforms. However, the notice provides temporary transition relief from the excise tax for employer payment plans sponsored by small employers (non-ALEs) and to S corporation healthcare arrangements for 2-percent shareholder-employees. This Health Care Reform Bulletin provides an overview of the notice.