Specifications include, but are not limited to: A. Provide complete administration for the Affordable Care Act’s (ACA) reporting required (Internal Revenue Code (IRC) section 6055/ 6056 for calendar year 2023. B. Provide consulting services related to ACA reporting and compliance to assist the Town in meeting its obligations under ACA. C. Complete and submit forms electronically to the IRS with detailed information about health plan coverage of all individuals eligible for employer sponsored coverage in accordance with the ACA’s Employer Mandate and related regulations (IRS forms 1094-C, 1095-C, 1094-B and 1095-B and fully complying with section 6055 (Self-Insured and Fully Insured Employer). D. Identify and correct all IRS-identified errors on Form 1094 submissions. E. Complete and distribute individual written statements, in compliance with IRC section 6055, to all employees, retirees, dependents and other individuals eligible for health benefits coverage under the Town’s Plan, provide reprints or corrections of 1095-C as F. Provide mail delivery of form 1095-C to recipients.
