Add new health insurance numbers to your W-2s — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

Add new health insurance numbers to your W-2s

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in Human Resources

Beginning in the 2011 tax year, employers will be required to report the “aggregate cost” of “applicable employer-sponsored coverage” on their employees’ W-2 forms. That includes the value of any medical, dental and vision coverage paid for by the employer.

This will become much more relevant in 2018, when people with so-called high-cost “Cadillac” plans will have to start paying a hefty tax on it.

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