Horizon BCBS NJ Reporting Member’s Coverage Still Required by the ACA
Posted on October 23, 2019
Horizon Blue Cross Blue Shield of New Jersey has announced that Under the Affordable Care Act’s (ACA) Insurance Coverage Reporting requirement they must provide information to the IRS about its fully insured members’ health insurance coverage using subscribers’ and dependents’ Social Security Numbers.
Horizon BCBSNJ will once again collect and submit this information to the IRS on behalf of its fully insured members as proof that they had minimum essential health insurance coverage in 2019. Additionally, Horizon BCBSNJ is required to send the 1095-B Form to fully insured members by January 31, 2020, and electronically to the IRS by March 31, 2020, as proof of coverage.