Beginning In 2016, providers of minimum essential coverage must report certain information to the IRS and to covered individuals about the individual’s health coverage in 2015.
Taxpayers will use this information, which will be provided on Form 1095-B, Health Coverage Information return or Form 1095-C, Employer-provided Health Insurance offer and coverage, when they file their tax returns to verify months that they had minimum essential coverage and satisfied the individual shared responsibility provision. The IRS will use the information on the statement to verify the months of the individual’s coverage.
Employers that sponsor self-insured group health plans are subject to information reporting requirements, with respect to the self-insured group health plan coverage. This means employers of any workforce size that sponsor a self-insured group health plan must comply with these information reporting requirements. An employer that is an applicable large employer must use Form 1094-C.