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 2018 Employer Annual Reporting Form, together with Instructions, is now available on OLSE’s website.
As background, a business is subject to the HCSO if it engages in business within the City of San Francisco 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 2019, the applicable health care expenditure rate for large businesses employing 100-plus employees is $2.93 per hour; the rate for businesses with 20-99 employees and nonprofits employing 50-99 employees is $1.95 per hour.
The form is due by April 30, 2019. Employers who fail to timely submit the annual report could be subject to penalties of $500 for each quarter the violation occurs.
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.
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