From the March 2012 issue of CeridianVoice newsletter.

March 2012 News Briefs

HHS issues state health insurance exchange rules

The U.S. Dept. of Health and Human Services (HHS) released on March 12, 2012, final and interim final rules related to implementing state health insurance exchanges as defined by PPACA. 

"The rules give the states some flexibility in designing their health insurance exchanges, such as the ability to determine the number and type of plans they offer within broad standards set by the federal government," said Jim O'Connell, Ceridian's executive consultant in Washington, D.C.

Health Savings Accounts on the rise

The number of HSAs has increased by 55 percent since 2010, according to a recent survey. This article posted on Human Resource Executive Online discusses current HSA marketplace trends, and how employers can actively encourage employees to choose this option along with a high-deductible health plan (HDHP). 

"This information confirms what we've heard from our customers: two proven ways to help increase participation in an HSA/HDHP combination are 1) communicate with your employees about their choices early and often, and 2) contribute employer funds to employees' HSAs," said Ernie Harris, Ceridian's senior product manager for consumer-directed health care. Read more on hreonline.com. 

IRS Form W-2: Which costs must employers report?

Large employers are required to state the cost of their group health care benefits on employees' W-2 forms beginning with the 2012 tax year. The IRS has created a chart identifying which coverage types are required, not required or optional to include on Form W-2. Read more about W-2 reporting on SHRM.org. 

Ceridian event gets industry analysts talking

Mark Smith, CEO and chief research officer for Ventana Research, attended Ceridian's recent industry analyst summit in Boston (Twitter #CENAday). Smith says, "Ceridian sees an opportunity to help clients with new human capital management applications like those from its new acquisition, Dayforce, which provides more usable workforce management applications that eliminate manual administrative tasks." Read more on Smith's blog.