Insurance carriers will be responsible for filing reports with the IRS and providing statements to responsible individuals under Section 6055.
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Applicable large employers with health plans are required to collect specific information about coverage offered to full-time employees. An applicable large employer is generally an employer that had 50 or more full-time and full-time equivalent employees during the prior calendar year. Self-employed individuals such as leased employees (IRC 414(n)(2)), sole proprietors, partners, and 2% S-corporation shareholders as well as individuals described under IRC Section 3508 (real estate agents and direct sellers) are excluded from the definition of employee. Information must be collected for all health coverage offered that is minimum essential coverage (i.e., the coverage is not an excepted benefit) even if the coverage does not provide minimum value or is not affordable. Individuals for whom the employer must report offers of coverage may include full-time employees, employees that are not full-time (such as part-time or seasonal), an employee’s spouse (including a same-sex spouse), a domestic partner, dependent children, former employees, and COBRA Qualified Beneficiaries. 

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