Employers, insurance companies and others who provide MEC will be required to report who’s covered with them to the IRS. This is called Minimum Essential Coverage Reporting, or IRS Code Section 6055 Reporting, and it will take place each year. This is how the federal government will make sure people have MEC. It’s also how the IRS will determine who may owe a penalty for not having coverage.
As required by law, we will file the 1095-B form for our fully insured groups and send a copy to the plan members. When we send the IRS reports, we’ll list all individuals covered under a group’s plan by their Social Security numbers (SSNs). For some of our members and dependents, we are missing their SSNs. In these cases, the IRS requires us to collect them for reporting purposes. That’s why, starting July 24, a staggered mailing will begin and continue through October to gather this data.