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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Employers shall provide their employees with an annual statement indicating:
(1) the total monthly premium cost paid for any employer-sponsored health benefit plan;
(2) the employer's share and the employee's share of the total monthly premium; and
(3) any amount the employer contributes toward the employee's cost-sharing requirement or other out-of-pocket expenses.
(b) Notwithstanding the provisions of subsection (a) of this section, an employer who reports the cost of coverage under an employer-sponsored health benefit plan as required by 26 U.S.C. § 6051(a)(14) shall be deemed to be in full compliance with the requirements of this section.
Cite this article: FindLaw.com - Vermont Statutes Title 32. Taxation and Finance, § 10505. Health benefit costs - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-32-taxation-and-finance/vt-st-tit-32-sect-10505/
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