Compliance ✔- 2020 Deadline Extended for Form 1095
Per Notice 2019-63, the IRS extends the deadline for certain 2019 health information reporting from January 31, 2020 to March 2, 2020. This extension applies to Forms 1095-C and 1095-B provided to individuals. Due to this extension, the IRS will not grant additional...
Compliance ✔- 2019 Draft Forms 1094 / 1095 Released
The IRS released drafts of Forms 1094-C, 1095-C, 1094-B, 1095-B and instructions for employers to report on health coverage offered in 2019, as required by the Affordable Care Act. The forms and instructions are similar to last year’s documents, so employers and...
Compliance ✔- Summary of Benefits & Coverage (SBC) Updated for 2021
The DOL and HHS released an updated Summary of Benefits and Coverage (SBC) template, Uniform Glossary and related material. Employers and insurers must use the new material starting with plan years beginning on or after January 1, 2021. In the meantime, employers and...