IRS Publishes Notice 2011-73

The I.R.S. has published Notice 2011-73 requesting comments on Section 4980H, which is the Health Coverage Affordability Safe Harbor for Employers. The proposed safe harbor requires the employer to offer its full-time employees minimum essential coverage, and the employee portion of the self-only premium for the employer's lowest cost coverage that provides the employee contribution must not exceed 9.5 percent of the employee's W-2 wages. The I.R.S. has requested that comments be submitted by December 13, 2011.

See IRS Notice 2011-73

Posted by Adam Bair, Associate Editor, Wealth Strategies Journal