What is the Qualifying Offer Method?

The qualifying offer method is a more complex way of saying that the employer offers a health insurance plan that meets the minimum value requirement where the cost to the employee is less than 9.5 % of the federal poverty level. In addition to this, the employer must offer the plan to all members of the employee’s family (spouse and dependents) to be eligible to use this reporting method.

Employers that provide a Qualifying Offer all year long for their employees are eligible to use a special alternative employee statement.

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Alternative Form for Qualifying Offer Employees

The IRS has specified that employers are not required to furnish a form 1095C for employees that received a “Qualifying Offer” for all 12 months of the year provided the employer’s insurance plan is not self-insured and the alternate form meets a few requirements.

What is the Qualifying Offer Method?

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