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Member, Beacon International Group, Ltd.
SAN FRANCISCO—Employers with workers in San Francisco have until April 30 to file a report mandated by the city’s landmark health care spending law.
Under that 2006 law, employers must spend a certain amount of money on employees’ health care coverage. In 2011, the year the required report covers, employers with 100 or more employees had to spend at least $2.06 per hour on employees’ health care coverage.
That spending requirement can be satisfied one of several ways, including payment of health care premiums, contributions to health reimbursement arrangements or to health savings accounts or to a city fund.
Information required on the form includes number of employees, the number of employees covered by the San Francisco law, how much money was spent on those individuals’ health care coverage during each quarter of 2011, and which spending option was selected.
The form is available here.
Legislation recently signed by San Francisco Mayor Edwin Lee imposes new restrictions on the use of health care reimbursement arrangements to satisfy a city law that requires employers to spend a certain amount of money on employee health care. A new paper prepared by Morgan, Lewis, & Bockius L.L.P. details the changes employers will quickly have to make to their HRAs to comply with the new San Francisco law.