MA Employer Fair Share Contribution Notice
Posted by Andy Gregory on Tue, Jan 25, 2011 @ 01:17 PM
The Massachusetts Department of Workforce Development mailed out the Employer Fair Share Contribution (FSC) notices earlier this month. Be on the lookout for the notice, which requires businesses to complete an on-line filing process for the next FSC base period of 10/1/10 through 12/31/10. The deadline for the on-line filing is February 15th.
The FSC requirements were part of state healthcare legislation enacted in 2006, focusing on businesses who employ eleven (11) or more full-time equivalent (FTE) employees. Employers meeting this minimum employment threshold must file a Fair Share Contribution (FSC) report. Employers with eleven (11) or more FTE employees who do not make a "fair and reasonable contribution" to their employees’ health insurance, as defined in Division of Health Care Finance and Policy (DHCFP) regulation (114.5 CMR 16.00), are required to pay a per-employee FSC to the Commonwealth Care Fund.
To begin the filing process, go to the FSC Self-Service web site at
https://fsc.detma.org