Compliance Alerts

Section 6055 individual statements


March 2, 2020


Employers that are not ALEs and sponsor self-insured health plans


Code Section 6055 requires employers with self-insured health plans to provide information about the coverage to enrolled employees each year. Employers that are not ALEs use IRS Form 1095-B to provide this health coverage information, generally on or before Jan. 31. However, the IRS extended the deadline for furnishing 2019 employee statements, from Jan. 31, 2020, to March 2, 2020. Penalty Relief: The IRS will not impose a penalty on employers that fail to provide a Form 1095-B to employees if the employer prominently posts a notice on its website stating that responsible individuals may receive a copy of their 2019 Form 1095-B upon request (accompanied by an email address and a physical address to which a request may be sent, as well as a telephone number that responsible individuals can use to contact the employer with any questions) and the employer furnishes a 2019 Form 1095-B to any employee within 30 days of his or her request. This penalty relief does not apply to the requirement to file returns with the IRS.