ACA Reporting Regulations for Providers of ?Ç£Minimum Essential Coverage?Ç¥

Concurrent with the issuance of the Regulations, the Treasury Department also released regulations under Section 6055 of the Code, which relates to the reporting requirements for providers of ?Ç£minimum essential coverage.?Ç¥ The information reported under Section 6055 of the Code is to be used by the IRS to administer the ACA?ÇÖs individual shared responsibility provisions (also known as the ?Ç£individual mandate?Ç¥). Large employers who are required to report information under both Sections 6055 and 6056 of the Code will report such information on a combined form. A copy of the Code Section 6055 regulations is available here.