Vermont § 10505 Health benefit costs

Vermont Statutes

§ 10505 — Health benefit costs

Vermont·Title 32 Title 32: Taxation and Finance·Ch. 245 Chapter 245: Health Care Fund Contribution Assessment

(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.

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(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.

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