BAS is preparing MyEnroll.com to provide free data collection, along with premium reporting solutions, for complying with the Section 6055 and Section 6056 reporting requirements required under health care reform. The new services will be available before the reporting obligations go into effect this January.
As described here, reporting is required to begin for coverage offered during the 2015 calendar year. Employers will need to document which employees are enrolled in coverage for both reports. Additionally, large employers must indicate how many full-time employees (including full-time equivalents) they employ for the Section 6056 report. To accurately do so, they will need to keep detailed records of employees’ coverages and hours worked.
BAS’ new data collection and reporting services will make complying with the complex reporting requirements easier and less time consuming. Employers can collect all of the necessary data in MyEnroll.com. They can use the reporting solutions to determine how many full-time employees and full-time equivalents they have as well as prepare and distribute the Section 6055 and Section 6056 reports.
For religious groups and other multi-employer groups, each member will have its own access to the services for managing its own employee data; however, administrators can have access to all data for all members in the group.
To be alerted when the new data collection and reporting solutions become available, and for more information, please sign up here.
