Internal Revenue Service Finalizes 2015 Reporting Forms for Employers and Health Insurers

Posted by Donna Craig in Oct, 2015

Pursuant to the Affordable Care Act, employers with 50 or more full-time employees and health insurers, including employers with self-insured health plans are required use applicable forms to mandatorily report to the IRS in 2016.  The Internal Revenue Service finalized the forms and instructions in September 2015.  Employers will use 1094-C (Transmittal Form) and 1095-C (Reporting of Health Insurance Offer and Coverage) forms.  Health insurers and employer-sponsored health coverage plans will use 1094-B (Transmittal Form) and 1095-B (Health Coverage Form) forms.  These forms and the instructions are available at: http://www.irs.gov/Affordable-Care-Act/Employers/ACA-Information-Center-for-Applicable-Large-Employers-ALEs.