Answer: It depends on the size of your practice. Yes, a requirement of the ACA is that employers are required to start reporting the cost of their employer-sponsored health coverage on the W-2’s issued to employees for 2012. However, the requirement only applies to employers filing 250 or more W-2 forms for the preceding calendar year. Employers filing less than 250 W-2 forms are exempt and the reporting of the cost is optional at this time.
Additional information about the W-2 reporting requirement and a helpful guide can be found at GrantThornton.com