Employers are responsible for providing employees with proof of health insurance coverage and filing the appropriate forms with the IRS and state agencies.
We support both small and large groups to ensure full compliance with Affordable Care Act (ACA) requirements.
For small groups (generally under 50 full-time equivalent employees), we handle all aspects of “B Form” ACA reporting.
This is ideal for self-funded or level-funded employers.
For Applicable Large Employers (50+ FTEs), we provide comprehensive “C Form” ACA reporting services that emphasize accuracy, compliance, and timely filing.
The 1099-HC is a Massachusetts state tax form proving health insurance coverage. Each MA resident with eligible coverage receives this form from their carrier.
You can download a copy by logging into your medical insurance carrier’s portal, or by calling the member services number on your ID card.
We manage filing deadlines and reporting requirements on your behalf. Below is a typical schedule for the 2024 tax season:
I.R.C. §4980H(a) – “Sledgehammer”
Failure to offer Minimum Essential Coverage (MEC) to at least 95% of full-time employees.
Penalty up to $2,970 per employee per year.
I.R.C. §4980H(b) – “Tack Hammer”
Offering coverage that is unaffordable or fails Minimum Value (MV). Penalty up to $4,460 per affected employee per year.
IRS §§6721/6722
Failure to file correct forms, furnish correct employee copies, or e-file when required can result in penalties of $310 per form.
After August 1, 2025, this increases to $630 per form.
Form 1095-B shows you had health insurance that met Minimum Essential Coverage. Since 2019, you don’t need it for federal taxes,
but it may still be useful for certain state filings or exchange coverage verification.
The MA 1099-HC contains similar information to 1095-B, but it’s specifically for Massachusetts state tax purposes.
You’ll receive it from your insurance carrier (not the GIC). Massachusetts’ individual mandate and penalties are separate from federal rules.
The GIC reports 1095-B coverage for non-Medicare retirees and survivors. Medicare retirees’ coverage is reported by the
Centers for Medicare & Medicaid. Medicare plan members do not receive an MA 1099-HC.
If you’d like assistance with your 1094/1095 or 1099-HC filing, please reach out using the form below: