Employer Resources

The US Department of Treasury and the IRS have updated the Employer Reporting provisions under ACA that took effect in 2015. The earliest filing deadline for most employers for tax year 2016 is February 28, 2017.

As a group practice insured with the SCMA Members' Insurance Trust (MIT) you are considered a self-funded plan under a multiple employer welfare arrangement (MEWA).  Each employer entity is responsible for their own reporting.

 

Employer size
Type of Group Health Plan
Reporting Required?
Specific Forms & Deadlines
1-49
Self-funded
Yes
Form 1095-B provide to full-time employees by 3/2/2017
 
Form 1094-B file to IRS by 2/28/2017 (3/31/2017 if electronic)
 
50+
Self-funded
Yes
Form 1095-C  provide to full-time employees by 3/2/2017
 
Form 1094-C file to IRS by 2/28/2017 (3/31/2017 if electronic)
 
   Please note ALL SCMA MIT medical plans meet the ACA minimum value standards for 2016.

 If you are completing the form 1095-B, please click the following image for information needed for Part III.