Active Employees
As part of the Patient Protection and Affordable Care Act (PPACA), also known as the Healthcare Reform law, there is a requirement that employers disclose the value of the employer-provided benefit for health insurance coverage on each participant's Form W-2. This means that all plan participants (active, retired, LOA, etc.) that had health coverage* and are issued a Form W-2 from Alcatel-Lucent will see the cost of their coverage reported on their Form W-2 in box 12DD. This is an employer-reporting requirement only.
* This amount excludes costs for participants on COBRA and may include dental and vision costs for certain populations.
