Employers with an average of 50 full-time and full-time equivalent employees or less are small businesses and not required to provide group health insurance covered to their employees in 2021.
Small Employers (average of 50 or less full-time employees)
May be eligible to buy coverage through the Small Business Health Options Program (SHOP Marketplace).
Employers who buy coverage through the SHOP Marketplace are required to file Form 1095-B to report coverage for employees.
Large Employers (average of 50 or more full-time employees)
Large employers are an applicable full-time employer and need to issue statements to employees and file an annual information return reporting whether and what health insurance you offered employees. Form 1095-C must be filed with the IRS for its full-time employees and must also furnish a similar statement to each of its full-time employees.
Regardless of size, all employers that provide self-insured health coverage to employees must file an annual return reporting certain information for each covered employee and provide the same information to covered individuals.