On July 24, 2014, the Internal Revenue Service (IRS) released draft forms for use by applicable large employers and insurers to report information on health coverage required under the Patient Protection and Affordable Care Act (PPACA).

1. News Flash: July 25, 2014 – IRS Releases Draft Pay or Play Information
Reporting Forms
On July 24, 2014, the Internal Revenue Service (IRS) released draft forms for use by applicable
large employers and insurers to report information on health coverage required under the Patient
Protection and Affordable Care Act (PPACA).
As reported in the March 14, 2014 News Flash , final regulations were issued on March 10, 2014,
regarding information reporting required under PPACA. The information to be reported and the
corresponding draft forms that have been issued are described below.
 Annual reporting under Internal Revenue Code Section 6055 of minimum essential coverage
provided by entities to individuals, including:
o Private employers, government employers and other sponsors of self-insured group health
plans;
o Insurance companies; and
o Governmental units that provide coverage under a government-sponsored program (like
Medicare or Medicaid).
The draft forms published by the IRS for this purpose are the following:
o Form 1094-B: Transmittal of Health Coverage Information Returns
o Form 1095-B: Health Coverage
 Annual reporting under Internal Revenue Code Section 6056 of health coverage provided by
large employers under the Pay or Play mandate. The draft forms published by the IRS for this
purpose are the following:
o Form 1094-C: Transmittal of Employer-Provided Health Insurance Offer and Coverage
Information Return
o Form 1095-C: Employer Provided Health Insurance Offer and Coverage
Please note that these are draft forms and do not include instructions. Draft instructions are
expected in August 2014. The IRS is accepting comments on the draft forms at this time, which
can be submitted through the IRS website at IRS.gov through the Comment on Tax Forms and
Publications page. No deadline has been identified for submitting comments, but it is
recommended that comments be submitted as soon as possible since it is expected that final forms
will be posted by the end of the year.

2. Willis’ National Legal & Research Group will continue to review and provide timely updates on
these and other related changes in Health Care Reform that affect employers.
This information is not intended to represent legal or tax advice and has been prepared solely
for informational purposes. You may wish to consult your attorney or tax adviser regarding
issues raised in this publication.