Preventing Coverage Gaps, Lowering Administrative Costs and Eliminating Burdens on Businesses and Families
The White House
The Affordable Care Act raises the age for children who can be covered tax-free on their parents' health insurance policy and provides incentives for employers to immediately extend health insurance coverage to children up to age 27. Today, the IRS posted new guidance for employers, employees, health insurers and other interested taxpayers regarding this provision of the new law. (IRS’s press release is here; a blog post from Nancy-Ann DeParle is here.)
The Affordable Care Act raises the age for children who can be covered tax-free on their parents' health insurance policy and provides incentives for employers to immediately extend health insurance coverage to children up to age 27. Today, the IRS posted new guidance for employers, employees, health insurers and other interested taxpayers regarding this provision of the new law. (IRS’s press release is here; a blog post from Nancy-Ann DeParle is here.)
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