There are three parts to the Form 1095-C that all applicable large employers are required to complete for their full-time employees. As mentioned in the eblast last week, Part III is only to be completed when an employer is self-insured. Fully insured employers will only complete Parts I and II of Form 1095-C. Part I of the Form 1095-C is the basic information about the employee and the employer.
As with a Form W-2, you need to make sure that you update the payroll system with any changes to employee contact information before December 31, 2015. Unlike a Form W-2, the new Form 1095-C must be filed under the employer’s Employer Identification Number (“EIN”) and not under Propel PEO, Inc.’s EIN. Therefore, if the Form 1095-C is undeliverable to an employee, the returned Form 1095-C will be sent back to you as the employer. You need to determine your process for receipt and re-distribution of any Form 1095-Cs that get returned to you as undeliverable.