Applicable large employers (ALEs) may be required to make an employer shared responsibility payment to the IRS under the Affordable Care Act, if they do not offer health coverage that is “affordable” and if it does not provide minimum value to full-time employees and their dependents.
The information reporting responsibilities were effective January 1, 2015, and reporting 2015 coverage is now due. The IRS recently extended the deadlines for filing and furnishing the 2015 forms.
Applicable large employers must file Form 1094-C, Transmittal of Employer-Provided Health Insurance Offer and Coverage Information Returns, with the IRS, no later than May 31, 2016, if not filing electronically, and no later than June 30, 2016, if filing electronically.
The member should have received their individual 1095-C form as of March 31, 2016.