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To Self Insurers Providing Benefits Form

To Self Insurers Providing Benefits Form

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HI, I’M PHYLLIS AND I WORK FOR THE INTERNAL REVENUE SERVICE. I’M HERE TO SHARE IMPORTANT INFORMATION WITH EMPLOYERS WHO PROVIDE HEALTH COVERAGE TO EMPLOYEES UNDER A SELF-INSURED PLAN. UNDER THE HEALTH CARE LAW, ALL EMPLOYERS THAT PROVIDE SELF-INSURED HEALTH COVERAGE TO THEIR EMPLOYEES MUST REPORT INFORMATION TO THE IRS ABOUT THE COVERAGE THEY PROVIDED. THEY ARE ALSO REQUIRED TO FURNISH THIS INFORMATION TO INDIVIDUALS WHO RECEIVED THE COVERAGE. NOW, THE FORM YOU WILL USE, FORM 1095-B OR 1095-C, WILL DEPEND ON THE SIZE OF YOUR WORKFORCE. SOME SELF-INSURED EMPLOYERS WILL USE 1095-B. YOU USE THIS FORM IF YOU AVERAGED FEWER THAN 50 FULL-TIME OR FULL-TIME EQUIVALENT EMPLOYEES IN THE PRIOR CALENDAR YEAR. HOWEVER, MOST SELF-INSURED EMPLOYERS WILL USE FORM 1095-C BECAUSE THEY ARE APPLICABLE LARGE EMPLOYERS OR A-L-E. YOU ARE AN A-L-E IF YOU AVERAGED 50 OR MORE FULL-TIME EMPLOYEES, INCLUDING FULL-TIME EQUIVALENTS IN THE PRIOR CALENDAR YEAR. NO MATTER WHICH FORM YOU USE, YOU WILL PROVIDE IT TO

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