Affordable Care Act: Form 1095-C

Posted by The Propel HR ACA Team on 1/21/16 11:00 AM
The Propel HR ACA Team
Posted on: January 21, 2016

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.

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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.

Topics: Regulations, Compliance, ACA

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