What information must be included on the information return reporting the terms and conditions of health care coverage provided to full-time employees under Internal Revenue Code Section 6056?

Author: Gloria Ju

Applicable large employers (ALEs) must include the following information in the annual report on the terms and conditions of health care coverage provided to full-time employees:

  • The ALE's name, address and employer identification number;
  • The name and phone number of the ALE's contact person;
  • The calendar year for which the information is reported;
  • A certification as to whether the ALE offered its full-time employees (and their dependents) the opportunity to enroll in minimum essential coverage (MEC) under an eligible employer-sponsored plan, by calendar month;
  • The months during the calendar year for which MEC under the plan was available;
  • Each full-time employee's share of the lowest cost monthly premium (self-only) for coverage providing minimum value offered to that employee under an eligible employer-sponsored plan, by calendar month;
  • The number of employees for each month of the calendar year;
  • The name, address and Social Security Number or Taxpayer Identification Number of each full-time employee during the calendar year, and the months, if any, during which the employee was covered under the plan; and
  • Other information specified by the IRS.