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IRS Proposed Health Care Reform Regs Could Discourage Wellness Programs

Accounting Today

The IRS has released proposed regulations on the minimum value of eligible health care plans in terms of the health insurance premium tax credit, and the proposed rules could mean that many employers won’t be able to include their wellness programs within the minimum coverage requirements. Under the proposed rules, only anti-smoking wellness programs would qualify for meeting the minimum coverage requirements that allow employers to avoid paying an excise tax penalty. According to Reuters, labor