MBS Compliance Support on Affordable Care Act Reporting

The Affordable Care Act (ACA) imposes significant health benefit information reporting
responsibilities on employers:

* Section 6055 and 6056 Reporting – Starting in 2016 (based on enrollment for the 2015 calendar year) employers are required to complete annual filings under Section 6055 (individual mandate) and Section 6056 (employer mandate) of the Internal Revenue Code. The applicable 2017 filings are as follows:


ACA Information Reporting Forms                                      2016 Tax Year
                                                                                          (forms filed in 2017)



Forms 1095-B and 1095-C due to employees                        January 31, 2017
(to be postmarked if mailed, or sent by email
if applicable conditions met).

Forms 1094-B, 1095-B, 1094-C and 1095-C                          February 28, 2017
due to IRS if filing on paper.

Forms 1094-B, 1095-B, 1094-C and 1095-C                         March 31, 2017
due to IRS if filing electronically*


*Any employer filing 250 or more information returns during the calendar year must file these returns electronically. For employers with fewer than 250 returns, electronic filing is voluntary.

MBS has dedicated considerable resources in helping our clients with complying with the applicable provisions of the Affordable Care Act (ACA).  MBS will assist all of our clients with the complete reporting requirements (1094s, 1095s, etc.).

* PCORI & Transitional Reinsurance taxes – MBS prepares all applicable filings for the PCORI (Patient-Centered Outcomes Research Institute) fund fee and Transitional Reinsurance taxes. All fees and taxes are included in the rates our clients pay.

Municipal Benefits Services     301 Grant Street, Suite 270      Pittsburgh, PA 15219