Information reporting of minimum essential coverage. Final regulations.
This document contains final regulations providing guidance to providers of minimum essential health coverage that are subject to the information reporting requirements of section 6055 of the Internal Revenue Code (Code), enacted by the Patient Protection and Affordable Care Act. Health insurance issuers, certain employers, and others that provide minimum essential coverage to individuals must report to the IRS information about the type and period of coverage and furnish the information in statements to covered individuals. These final regulations affect health insurance issuers and carriers, employers, governments, and other persons that provide minimum essential coverage to individuals. (+info)
Information reporting by applicable large employers on health insurance coverage offered under employer-sponsored plans. Final regulations.
This document contains final regulations providing guidance toemployers that are subject to the information reporting requirements under section 6056 of the Internal Revenue Code (Code), enacted by the Affordable Care Act (generally employers with at least 50 full-time employees, including full-time equivalent employees). Section 6056 requires those employers to report to the IRS information about the health care coverage, if any, they offered to full-time employees, in order to administer the employer shared responsibility provisions of section 4980H of the Code. Section 6056 also requires those employers to furnish related statements to employees that employees may use to determine whether, for each month of the calendar year, they may claim on their individual tax returns a premium tax credit under section 36B (premium tax credit). The regulations provide for a general reporting method and alternative reporting methods designed to simplify and reduce the cost of reporting for employers subject to the information reporting requirements under section 6056. The regulations affect those employers, employees and other individuals. (+info)
Effects of social disincentive policies on fertility behavior in Singapore.
Five social disincentive policies were implemented by the Singapore government in 1973 to augment its fertility reduction program. The policies involve increasing delivery charges in government hospitals, school admission priority for children, maternity leave, priority in allocation of government housing, and income tax relief. In a two-year prospective study, 1,010 married abortees (study group) and 943 married parturients (comparison group) were questioned to determine their awareness and understanding of these policies, and whether the policies influenced their decision concerning their present pregnancies or would influence future decisions. Except for the tax policy, these disincentives were known to a fairly large proportion of the women studied. Knowledge was positively related to education level. Four of the five disincentives have, to varying degrees, influenced the women's decisions concerning their present pregnancies and may do so in future pregnancies. The two most widely known and most influential disincentives are those affecting school admission priority and accouchement fees. (+info)
Incorporation--a solution to the veterinarian's income tax miseries?
This series of three articles discusses the new income tax rules regarding the incorporation of professionals in general and veterinarians in particular. It points out that while there may be some degree of tax saving or deferral achieved by incorporating, many provincial veterinary associations may not yet permit its members to incorporate. The incorporation of the nonprofessional aspects, however, should be carefully considered. (+info)
NHS internal market 1991-2: towards a balance sheet.
The first year of the internal market in the NHS has been claimed to have resulted in increased efficiency. These claims, however, are hard to substantiate because the systems for operating the market are not fully in place. Examination of data on tax relief for private health insurance premiums for over 60s, general practice fundholding, and implementation and transaction costs suggest that much of the increased efficiency is not due to the reforms but to increased funding. Furthermore, some of the changes seem to be decreasing market forces and reducing efficiency. (+info)
Willingness to pay to shorten waiting time for cataract surgery.
We interviewed persons who had recently been placed on a public waiting list for cataract surgery in Manitoba, Canada; Barcelona, Spain; and Denmark. The majority of the respondents were unwilling to pay higher taxes to reduce the length of the waiting list or to pay more out of pocket to have the surgery performed earlier in the private sector. Less than 2 percent actually had the surgery done in the private sector. We conclude that in spite of expressed public dissatisfaction with waiting lists in all three sites, a majority of the respondents did not support the actions that could have reduced their own wait. (+info)