The federal government’s Centers for Medicare and Medicaid Services (CMS) has postponed implementation of new regs that would have required employers to report any medical benefits payments to employees who are eligible for Medicare.
The requirement now won’t take effect until the first quarter of 2011. It had been scheduled to start Jan. 1 of this year. The delay gives employers time to become familiar with the regulation, which is available online at www.Section111.cms.hhs.gov.
At the beginning of next year, employers will have to report any medical benefits payments made to Medicare-eligible employees after Oct. 1, 2010.
Despite the pushed-back compliance deadline, it’s still important for employers to understand the regulation, according to H. Bernard Tisdale, an attorney with the employment law firm Ogletree Deakins.
It applies to organizations that are self-insured or pay deductibles on Employment Practices Liabi...(register to read more)
- How to Fire an Employee the Legal Way: 6 Termination Guidelines
- Small Business Tax Deduction Strategies
- When to lease, not buy, equipment
- Before altering disabled employee's job, make sure you can justify the reason
- Section 179 deductions: No sour grapes
- You can require employees to undergo medical evaluations