Beginning in 2016, large employers (those with 50 or more employees) must file Forms 1094 and 1095 to provide information to the IRS and plan participants about health coverage provided in the previous year. The forms are used by the IRS to enforce the Affordable Care Act’s (ACA’s) shared-responsibility (or “play or pay”) provision, as well as individual mandate and tax credit eligibility rules.
ACA reporting will verify the employer did or did not offer health insurance with minimal essential coverage to each of their employees and provide proof to the IRS that the employee either accepted or denied that coverage.
Be ready! Attend our complimentary webinar:
"Are You Ready for the New ACA Employer Reporting Requirements?"
Wednesday, November 11, 2015
12:00-1:00 p.m. Pacific
Guest Speaker: Ruthann Laswick, President, Blue Water Benefits Consulting
For employers and employees who do not comply with the ACA reporting regulations, penalties will be assessed and issued. Don't miss this opportunity to get your questions about ACA answered.