ER Cost of Benfits on W2

According to the Affordable Care Act, starting in 2012 employers will be required to report the cost of health coverage under an employer-sponsored group health plan on an employee’s W-2.  What is Oracle’s recommendation for setting up a DBAs to track this so that it shows up on the 2012 W-2 in Box 12 with a code of DD? 

References:

Notice 2011-28

Notice 2010-69

 

I’m planning on setting up a benefit DBA with a flat amount (no effect on the GL) and then add that to our medical plan in the ER Paid Benefit (SDBA) field.

 

Thanks in advance!