ACA IRS Forms – Are you hearing what we’re hearing?

Si's Library Navigation

This room contains pieces drawn from my experiences at Health Decisions. It offers practical advice for anyone involved in managing group health plan expenses.
From the present, this room contains articles and reports by others that I wanted to share. Reasons for sharing will vary, so expect a potpourri.
This room provides reference points and norms I have observed or documented that can be used by persons trying to get their bearings in the often confusing world of group health.
This room contains my views on the future of the US health care system. My intent is not to convince anyone, but to broaden the discussion beyond the political debate that passes for health reform in America.
This room contains recordings and trasncripts of conversations I've had with interesting people I have had the privilege of meeting. Some are friends, some professional acquantances; all have interesting perspectives worth sharing.
From the past, this room contains some of the talks and articles I have done that I thought were worth sharing.

Topics of Conversation Health Care Reform News and Views Tools of the TradeSi's Library

Use the above navigation buttons to filter Si's Library by category.

Friday, December 18, 2015 9:55:00 AM Categories: News and Views

Word has it that some payroll vendors (among others) are now struggling to complete the Affordable Care Act (ACA) IRS forms for their clients. We’ve heard about some vendors informing clients that they won’t be able to do all the forms (specifically for retirees or COBRA enrollees). Other payroll vendors are implementing additional software or web portals for their clients to use to complete the forms themselves.

As you're probably aware, employers with 50 or more employees and smaller employers with self-funded health plans are required to report health coverage and offer of coverage information to individuals and the IRS in early 2016. While some employers are committed to completing those 1094 and 1095 forms internally, many groups are outsourcing the task. Of those outside firms, some are new vendors set up for this specific work; others are data management firms who already specialize in healthcare data (Health Decisions fits this category). Still others are payroll vendors who have recently added ACA Compliance to their menu of services.

However, we’re now hearing that, as predicted, the payroll vendors are unable to successfully complete the forms because they don’t have access to -- or don’t have the skills to process -- enrollment data.

How is it going for you? Please share your experience to date. We’ll compile your answers and share the results (not naming names, of course) in an upcoming webinar.

Comments are closed on this post.
 
409 Plymouth Road, Suite 220 • Plymouth, Michigan 48170
phone 734­.451.2230 • fax 734­.451.2835
© 2011 - 2018 Health Decisions, Inc.