Many states require ACA reporting on the state level even after eliminating federal individual mandates under the Affordable Care Act (ACA) by Congress. This adds up to extra stress and administrative work for any employers who operate in or employee workers who reside in these states.
One of these states is Massachusetts. They have been requiring health coverage reporting on the state level even before the ACA was created.
What is the Form MA 1099-HC?
The Form MA 1099-HC is used to report the health insurance coverage of individuals over 18 residing in the state of Massachusetts. This state tax form acts as proof that an individual had the required level of health insurance.
Because the Commonwealth of Massachusetts has an individual mandate in place, residents will need this form to complete their state income taxes and avoid a penalty and prove that they had the minimum health coverage required.
This form is generally distributed by insurance carriers, however, employers whose insurance companies don’t distribute these forms will need to take responsibility and distribute this form to their employees.