The following is a brief summary of the guidance to date on new employer reporting requirements known as section 6055 and section 6056 reporting. Because the rules are subject to change until the government issues “final” guidance, Creative Benefits offers this summary now and will issue a detailed Alert once the final rule is published.
This article pertains to your company if you are:
An employer sponsoring a self-insured health plan of any size; or
A large employer (generally 50 or more employees)