If fully-insured employers do not have to report COBRA coverage for termed employees, how will those employees prove they had coverage?
With fully-insured plans, the insurance company will provide
a 1095-B for these individuals.
Note: Regardless of
the type of health insurance plan you offer, you are required to report COBRA offers
of coverage for any active employees that have experienced a reduction in
hours.
Article Modified on: Tue, Oct 4, 2016 at 4:28 PM
Did you find it helpful?
Yes
No
Send feedback Sorry we couldn't be helpful. Help us improve this article with your feedback.
The services listed as part of this article are conditioned upon and subject to the terms of an active managed services agreement with ACA TRACK.
This information is provided for educational purposes only and should not be construed as legal or tax advice.
ACA Track cannot guarantee that this information reflects the most updated legal developments, verdicts, legislation, rulings or settlements
and suggests seeking professional legal and/or tax advice prior to making any decisions regarding your specific reporting needs.
Looking for an ACA reporting service?
Click here to find out how ACA Track can help.