Section 6055 reporting requirements apply to small employers and health insurance providers that sponsor self-funded health plans that provide minimum essential coverage (MEC). Whereas, Section 6056, is directed toward applicable large employers. It ensures compliance with the ACA through mandatory information reporting on the 1095-C (and 1094-C transmittal). If you do not offer health insurance to your full-time employees and their dependents that are affordable, you may be subject to IRS penalties.ACA Compliance Solution Services assist you in Section 6055 and 6056 Reporting through a simplified and streamlined process. For more about our compliance services, please visit our site acacss.com or call us at 877...
Section 6055 reporting requirements apply to small employers and health insurance providers that sponsor self-funded health plans that provide minimum essential coverage (MEC). Whereas, Section 6056, is directed toward applicable large employers. It ensures compliance with the ACA through mandatory information reporting on the 1095-C (and 1094-C transmittal). If you do not offer health insurance to your full-time employees and their dependents that are affordable, you may be subject to IRS penalties.ACA Compliance Solution Services assist you in Section 6055 and 6056 Reporting through a simplified and streamlined process. For more about our compliance services, please visit our site acacss.com or call us at 877-959-3953.
