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My Benefits Channel

My Benefits Channel

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Home  »  Resources  »  HR and Employee Benefits Glossary

Form 1094-B

What is Form 1094-B?

Form 1094-B is a transmittal form submitted to the IRS by entities that provide minimum essential health coverage, such as health insurance providers or certain employers. It is used to report information required under the Affordable Care Act (ACA) to verify compliance with health coverage mandates. Form 1094-B accompanies Form 1095-B, which details the specific coverage provided to individuals. Together, they help the IRS track healthcare coverage requirements for taxpayers.

Imagine the ease of a seamlessly connected HR system with a simple, intuitive interface.

Now see it for yourself…

Seamless Onboarding Made Easy

My Benefits Channel simplifies onboarding with a mobile-friendly, paperless system that automates tasks like e-signatures, pre-filled forms, and progress tracking.

Easily manage and store essential documents, create custom workflows, and integrate with payroll systems to make the process seamless for both you and your new hires.

Request your free demo today!

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