New Legislation Requires New York Employers to Report Availability of Dependent Health Coverage

8/3/2011

New York State employers are now required to report the availability of dependent health insurance benefits on their quarterly wage reports and new hire reports, both of which are filed with New York State. This new law, entitled "Low Income Support Obligation and Performance Improvement Act" (the "Act"), which took effect on July 15, 2011, amends Sections 171-a and 171-h of the New York Tax Code (the "Code"). Among other things, the Act aims to facilitate the process of enrolling more children in employer-sponsored group health plans and ultimately increase the number of children covered under these plans.

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