Are you in compliance? IRS reporting requirements can be confusing and intimidating. The RSS team is here to help. If you are an employer with 50 or more employees or provide health benefits through a self-funded or partially self-funded plan you are required to report specific health benefits information to the IRS.

The Affordable Care Act requires insurers, self-insuring employers, and other parties that provide minimum essential health coverage to report information on this coverage to the Internal Revenue Service (IRS) and to covered individuals (referred to as “section 6055 reporting”). Large employers, generally those with 50 or more full-time employees, are also required to report information to the IRS and to their employees about their compliance with the employer shared responsibility (“pay or play”) provisions and the health care coverage they have offered (referred to as “section 6056 reporting”).

We understand that the information above may seem intimidating. If you are struggling with the reporting process, please contact our office as we offer several helpful tools to assist with the requirements above.

If we do not currently manage your employee benefits program and you would like assistance or a professional review, one of our knowledgeable benefits advisors would be more than happy to assist you.

See below for a list of important dates to remember:


February 28 is the deadline for filing paper forms 1094-B, 1095-B, 1094-C, in 1095-C. All four forms relate to demonstrating that your company has offered qualifying health insurance for the 2018 tax year. The 1095 forms detail health insurance coverage while 1094 forms are transmittal forms only.

There are two dates to remember in March, beginning with March 1. This is the date on which employers are required to report whether or not the drug benefits they offer to employees are creditable to Medicare. The report is made to the Centers for Medicare & Medicaid Services (CMS) via an online questionnaire.
By March 31, employers that self-insure are required to report their minimum essential coverage under sections 6055 and 6056 of the IRS code. Reporting is accomplished via 1094 in 1095 forms.

Any 1094 and 1095 forms filed electronically are not due until April 1. This is one of the benefits of filing electronically rather than relying on paper forms.

All of the required forms listed above are available to our clients through hr360.