Life & Health Insurance

Training Session Four: "Pay or Play" Penalty and Minimum Essential Coverage Reporting - 6056 Report

This Training Session is designed especially for large employers (those with 50 or more ACA Full-Time Employees and Full-Time Equivalents) that offer the GMEBS Health Plan. It explains:

    • Why employers must file the 1094-C and 1095-C Forms
    • How to complete the 1094-C and 1095-C Forms
    • How to file the Forms with the IRS and with the ACA Full-Time Employee (whether or not enrolled) and with every enrolled Primary Responsible Individual
    • What employers must do by in order for GMA to provide enrollment information needed to complete the Forms, or for GMA to send prepared B Forms for certain enrolled COBRA beneficiaries and retirees for the employer to file.

Download a PDF of the slides used in this presentation.