On June 17, 2015 the Internal Revenue Service (IRS) posted draft forms for 2015 reporting, due in January, 2016. The forms will be used to report health insurance coverage offered by applicable large employers, and minimum essential coverage (MEC) provided by insurers and employers of self-insured plans. The IRS has posted the draft forms without instructions. The 2015 draft Forms are posted at IRS.gov/draftforms as information only. Final forms will be posted for actual filing at a later date.
These 2015 draft forms are generally unchanged from the 2014 forms.
However, the 1095-C form included an appendix that highlights changes specific to this form. These changes include:
A new field in Part II, “Plan Start Month,” that will provide plan year information; this reporting is voluntary for 2015, but will be required for 2016 and beyond
A continuation sheet for reporting coverage on more than six individuals
A note that indicator codes used in Part II, line 14 are unchanged for 2015 reporting; however, there will be two new codes required for 2016 and beyond that will provide information on conditional offers to employees’ spouses
Instructions or additional guidance is needed to further understand and interpret these and any other changes for 2015 reporting.
For more information on the final rules on this IRS information reporting, please contact one of our Benefit Advisors or Consultants.