Even though the employer mandate regulation doesn’t start until 2016, a Central Florida employee benefits specialist said businesses need to start preparing now.
Rob Pariseau of Lykes Insurance said employers with 50-99 employees must report information on each employee, per the Affordable Care Act regulation. Each employee must fill out a 1095C form, providing detailed information on whether or not they were offered health care coverage, their dependents and the cost per month. Employers must then report a compilation of this information to the federal government by Jan. 31, 2016.
Read the Orlando Business Journal article now.