TITLE

Tax subsidy's impact remains to be seen

AUTHOR(S)
Gunsauley, Craig
PUB. DATE
March 2004
SOURCE
Employee Benefit News;Mar2004, Vol. 18 Issue 3, p11
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Explains that the impact of tax subsidies and tax benefits on employers in the U.S. that provide prescription drug benefits to Medicare-eligible retirees under the Medicare Reform Act is not yet clear as of March 2004. Highlights of the Medical Reform Act; Expectation that the Financial Accounting Standards Board will issue guidance on how public companies can book future tax subsidies against ongoing liability; Percentage of large companies that provide prescription drug coverage for retirees; Information on actuarial evidence in the computation of tax benefits and prescription drug coverage.
ACCESSION #
12469906

Tags: MEDICAL policy;  MEDICARE;  OLDER people -- Medical care -- United States;  SUBSIDIES

 

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