Grandfathered disclosure statement was the first reporting requirement we addressed followed by creditable drug coverage. Let’s now focus on the final reporting requirement we are highlighting: CHIP.
As details of health reform begin to unfold, it is evident that employers will be burdened with additional reporting and disclosure requirements to both their employees and the government. One example already addressed in the blog is the inclusion of health benefits in the employee’s Form W-2. There are three additional reporting requirements we will highlight and address in separate articles: grandfathered disclosure statement, CHIPRA, and Creditable Drug Coverage.