The IRS has announced that it will grant an automatic extension under good-faith transition relief rules for providing 2019 health coverage information reporting forms to individuals. Insurers, self-insuring employers, applicable large employers and certain other coverage providers must now issue Form 1095-B (Health Coverage) and 1095-C (Employer-Provided Health Insurance Offer and Coverage) to individuals by March 2, 2020. The due date prior to this relief was January 31, 2020.

Good-faith transition relief requires the reporting entities to make reasonable (“good-faith”) efforts to comply with the regulations in order to be eligible. Those reporting entities that fail to file by the extended due dates are not eligible for relief.

Since the Individual Shared Responsibility Penalty (the penalty assessed on individuals who do not carry minimum essential health coverage) has been reduced to zero for 2019, additional penalty relief is provided to reporting entities that fail to furnish a 2019 Form 1095-B to responsible individuals, if certain conditions are met. These conditions are as follows:

  • The reporting entity must post a notice prominently on its website indicating that individuals may receive a copy of their 2019 Form 1095-B upon request
  • The notice must include an email address and a physical address where the request may be sent along with a telephone number individuals can call with any questions
  • The reporting entity must provide a 2019 Form 1095-B to any responsible person upon request within 30 days of the date the request is received

IMPORTANT: The due date for employers and providers to file 2019 Forms 1094-B, 1095-B, 1094-C or 1095-C with the IRS has NOT been extended. The due date remains February 28, 2020 for paper filings and March 31, 2020 if filed electronically.