The Internal Revenue Service needs to greatly expand the number of wellness plan incentives that will count towards the "affordability" standard to which corporations will be held by the Patient Protection and Affordable Care Act.
So argued the 1,500-member-strong ERISA Industry Committee in a letter this month to the IRS. The federal tax agency is responsible for overseeing corporate compliance with the affordability requirement of the PPACA.
Expanding the list wouldn't take much; it's currently a list of one.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
