ADP Totalsource - Affordable Care Act Reporting and Compliance
Time to get to work on health care reporting forms
1. Time to get to work on health care reporting forms
The IRS made no changes to the final health care information reporting forms, Forms 1095-C/109-
-C, and only clarified a few murky points in the instructions.
Upshot: All large employers (i.e., employers with at least 50 full-time employees, including full-time
equivalent employees), even those that offer no health insurance and those that are eligible for
transition relief this year, can begin to collect the information needed to complete these forms.
What's new for Forms 1095-C/Form 1094-C. Complete Form 1095-C for each full-time employee who
receives an offer of coverage, including employees who turn down your offer. The IRS clarified that
you have made an offer for a month only if you offer coverage for the entire month, unless
employees' coverage ends because they terminated. The instructions also clear up these key points
to Part III, which is used by employers that self-insure:
Family members: Report all family member...(register to read more)
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