Employers must make sure they meet the Affordable Care Act Form 1095-C reporting deadline which is fast approaching.
The IRS extended the deadline to deliver ACA forms to employees from January 31, 2019 to March 4, 2019. As background, insurers and small employers with self-funded health plans furnish Form 1095-B (Health Coverage) to individuals covered under their health plan. Applicable Large Employers (50 or more full-time employees) furnish Form 1095-C to their full-time employees and (for employers with self-funded plans) to the individuals covered under their health plan.
All employers should review their ACA compliance requirements and make sure the required ACA reporting forms are delivered by March 4th.
For information about BAS’ ACA data collection and reporting services, contact BAS at solutions@BASusa.com.