The IRS has released the final 2015 health care information reporting forms, Forms 1095-C/1095-B; the transmittals, Forms 1094-C/1094-B; and the instructions. The IRS has also issued a notice that cuts some slack to self-insured employers that don’t have employees’ dependents’ Social Security numbers (SSNs) by the time they need to complete Forms 1095-C/1095-B.
What’s new on Form 1095-B. Small self-insured employers file Forms 1095-B and 1094-B. The instructions clarify that only one type of coverage is reported, if employees are covered by more than one type of minimum essential coverage, and one of these rules applies:
• Employees are covered by more than one type of coverage provided by the same provider.
Example: Employees are covered under a self-insured major medical plan and an integrated health reimbursement arrangement (HRA) provided by the same employer. Only the major medical coverage is reported.
• Employees ar...(register to read more)