The IRS has extended the deadline to file the 1095-B and 1095-C reporting under section 6055 and 6056 of the IRS code.
Section 6055 requires health insurance issuers, self-insuring employers, government agencies, and other providers of minimum essential coverage to file and furnish annual information returns and statements regarding coverage provided. Section 6056 requires applicable large employers (generally those with 50 or more full-time employees, including full-time equivalent employees, in the previous year) to file and furnish any annual information returns and statements relating to health insurance that the employer offers to its full-time employees.
Both fully insured ALEs and all self-funded plans must complete these forms annually in order to avoid the potential non-filing penalties.
The new deadline will be March 2, 2020, which is an additional 30 days from the original deadline of January 31, 2020.
For questions, please contact Ray Loggins at firstname.lastname@example.org or Jack Dodgen at email@example.com