This year, you may receive one or more forms that provide information about your 2015 health coverage you had in 2015. These forms are 1095-A, 1095-B and 1095-C. This tip is part of a series that answers your questions about these forms.
1095-B and 1095-C Forms may arrive late
The IRS has extended the due dates for the health insurance coverage forms 1095-B and 1095-C to be sent out as late as March 31, 2016. The original issue date had been January 31, 2016. As a result, some tax filers may not have either the 1095-B or 1095-C when they file their federal taxes. However, neither a copy the 1095-B or -C need to be supplied with the tax return according to the IRS.
Employees to receive 1095-C for employer health insurance coverage
Employers with 50 or more full-time employees, including full-time equivalent employees, in the previous year use Form 1095-C, Employer-Provided Health Insurance Offer and Coverage, to report the information required about offers of health coverage and enrollment in health coverage for their employees. Form 1095-C is used to report information about each employee.
Anthem Blue Cross employer group reporting requirements
The Affordable Care Act (ACA or health care reform law) requires employers with at least 50 full-time workers (called Applicable Large Employers or ALEs) to offer their employees health care coverage (minimum essential coverage or MEC). Those who don’t comply may face penalties.