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Compliant Form and Binder Filing Activities for the 2020 Plan Year(blue shading indicates dates that apply to HP and months issuers; green shading indicates dates that apply only to HP issuers)Form
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What is aca-compliant form and binder?
Aca-compliant form and binder is a set of forms and documents that must be filed by applicable large employers to report information about health coverage offered to full-time employees under the Affordable Care Act (ACA).
Who is required to file aca-compliant form and binder?
Applicable large employers with 50 or more full-time employees, including full-time equivalents, are required to file aca-compliant form and binder.
How to fill out aca-compliant form and binder?
Aca-compliant forms such as 1094-C and 1095-C must be completed with information about the employer, offered coverage, and covered individuals. Detailed instructions are provided by the IRS for accurate completion.
What is the purpose of aca-compliant form and binder?
The purpose of aca-compliant form and binder is to provide the IRS with information about the health coverage offered by applicable large employers and to help ensure compliance with the ACA's employer mandate.
What information must be reported on aca-compliant form and binder?
Information such as employer identification, employee names and SSNs, months of coverage offered, and affordability of coverage must be reported on aca-compliant form and binder.
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