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November 6, 2018 By

I am an employer of less than 50 employees, but my company is “self-insured”, so we must report to the IRS. Which forms do I use? 1094 and 1095 B or C?

Normally employers file the 1094/5 C however there is a condition when the employer would file the 1094/5 B.
The employer is responsible for filing IRS Form 1095-B only if two conditions apply: It offers health coverage to its employees, and it is completely “self-insured.” This means the company itself pays its employees’ medical bills, rather than an insurance company. A company that doesn’t meet both conditions won’t have to deal with Form 1095-B. Its employees might still receive a 1095-B, but it would come from their insurance company, not the employer.

Filed Under: Pain Campaign FAQ P2

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Information provided by PSST, LLC concerning the Affordable Care Act is not legal advice and should not be treated as such. If you have questions about how the Affordable Care Act will affect you as an employer, please consult legal counsel.

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