The IRS has released Notice 2025-15, which provides guidance on the Paperwork Burden Reduction Act provisions on how employers and insurers can satisfy the alternative manner of furnishing Forms 1095-B and 1095-C (health insurance coverage statements to individuals). As background, applicable large employers (ALEs) and insurers that provide minimum essential coverage (MEC) are required to annually report information for each covered individual to the IRS and provide Forms 1095-B and 1095-C (statements showing proof of MEC). The Paperwork Burden Reduction Act provides that employers and insurers are no longer required to automatically furnish Forms 1095-B and 1095-C to individuals, unless the forms are requested, so long as timely notice is provided. Additional guidance was needed from the IRS on how to satisfy the notice requirement.
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