Employer Reporting of Health Plan Coverage – Code Sections 6055 and 6056

Health Care Reform Legislative BriefThe Affordable Care Act (ACA) created new reporting requirements under Internal Revenue Code (Code) sections 6055 and 6056. Under these new reporting rules, certain employers must provide information to the IRS about the health plan coverage they offer (or do not offer) to their employees.

The additional reporting is intended to promote transparency with respect to health plan coverage and costs. It will also provide the government with information to administer other ACA mandates, such as the large employer shared responsibility penalty and the individual mandate.

This Employer Reporting of Health Plan Coverage Code Sections 6055 and 6056 Legislative Brief provides a summary of ACA’s information reporting requirements under Code sections 6055 and 6056.

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