Landmark U.S. Supreme Court Ruling on Health Care Law
Employee Benefits Update
Date: June 28, 2012
The Supreme Court of the United States today issued its decision upholding the constitutionality of the individual mandate under the Patient Protection and Affordable Care Act, as amended by the Health Care and Education Reconciliation Act (PPACA).
Given this decision, employers should continue to administer their group health plans in accordance with PPACA. They also should continue preparing for upcoming PPACA requirements, such as reporting the value of health care on employees' Forms W-2 and providing four-page summaries of benefits and coverage.
Thompson Hine's Employee Benefits & Executive Compensation group will continue to monitor any future court challenges, legislative changes and regulatory guidance that would impact an employer's obligations to comply with PPACA. If you would like to receive updates on these issues, please subscribe to our Employee Benefits & Executive Compensation mailing list.