To avoid a penalty or other consequences under health care reform, employers should start reviewing benefit and severance arrangements with their executive employees.
SullivanCotter, a consulting firm with expertise in health care executive compensation, released findings that show how health care reform laws might affect executives' benefits.
A possible risk for employers is a prohibition within Section 125 of the Internal Revenue Code which prohibits discrimination in favor of high-paid employees and those with better health benefits. For example, executives many times are given continued health care coverage with severance, which is not typically offered to lower-ranking employees.
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