Employers subject to the San Francisco’s Health Care Security Ordinance (HCSO) are required to annually report their health care expenditures to the Office of Labor Standards Enforcement (OLSE). The 2015 Employer Annual Reporting Form and related instructions are now available on the OLSE’s website. The deadline for submitting the Annual Reporting Form is April 30, 2016. Employers who fail to submit an annual report on time may be subject to penalties of $500 for each quarter the violation occurs.
A business is covered by the HCSO if it engages in business within the City and employs 20 or more employees per week. Nonprofit employers with fewer than 50 employees, and small employers with fewer than 20 employees, are exempt from the HCSO. For 2016, the applicable health care expenditure rate for large businesses employing 100+ employees is $2.53 per hour; the rate for businesses with 20-99 employees and nonprofits employing 50-99 employees is $1.68 per hour (see San Francisco HCSO Expenditure Rates for 2016, Benefit Beat, 9/8/15).
The information contained in this article is provided as general guidance and may be affected by changes in law or regulation. This article is not intended to replace or substitute for accounting or other professional advice. Please consult a CBIZ professional. This information is provided as-is with no warranties of any kind. CBIZ shall not be liable for any damages whatsoever in connection with its use and assumes no obligation to inform the reader of any changes in laws or other factors that could affect the information contained herein.
Access articles and tools to help your business generate cash, improve leverage, and align & transform as you recover from the pandemic.
Access all COVID-19 related articles to help your business respond to the pandemic.