ACA Health Coverage Information Returns (AIR) Features
US Affordable Care Act (ACA) year-end processing includes the following features:
Flexibility
Flexible setup for establishing Internal Revenue Service (IRS) reporting codes and processing, which considers offer and coverage with or without benefits administration enrollment data.
Control over reporting
Review and reset workfiles before producing forms. Edit data in, or add or import data to the reporting workfiles before producing the final forms.
The system supports the following ACA year-end forms:
1095-C - Employer-Provided Health Insurance Offer and Coverage
1094-C - Transmittal of Employer Provided Health Insurance Offer and Coverage Information Returns
These ACA year-end forms serve as important documents for employees, employers, and the Internal Revenue Service (IRS).