REQUIRED ANNUAL

NOTICES

Required Annual Notices

The world of insurance is complicated, and there are many protections that are built into your plans and into the laws that help keep consumers informed and aware of their rights. You can find Required Annual Notices related to your benefits coverage below.

Reporting the Cost of Employer-Sponsored Health Care Coverage on IRS Form W-2:

The Affordable Care Act requires that SPS provide certain information to employees each year, including the total value of their health benefits. The total amount of your 2023 Value of Benefits will appear in Box 12 DD on your W-2, which will be available to you in January 2024. If you wish to understand your Value of Benefits at any time of the year, use the information provided here.