TO: All RCUH Employees with 2012 W-2 (Wage and Tax Statement) Forms
SUBJ: Box 12DD – Employer Sponsored Health Coverage
Your W-2 forms were made available on the RCUH Employee Self-Service system or mailed out to your mailing address on Friday, January 25, 2013.
Please note:
The Affordable Care Act enacted on March 23, 2010 requires employers to report the cost of coverage under an employer-sponsored group health plan on Box 12 of the employee’s 2012 W-2 Form using Code DD.
Reporting the cost of health care coverage on the Form W-2 does not mean that the coverage is taxable. This reporting is for informational purposes only and is provided to show employees useful and comparable consumer information on the cost of their health care coverage.
You may read more about the Affordable Care Act Tax Provisions on the IRS website www.irs.gov.