Form 1099-HC Printing and Processing

The Requirements: Under Massachusetts law, residents age 18 and over must now have health insurance. To enforce this requirement, the DOR has issued a mandate for Insurance Carriers, Third Party Administrators, and Employers providing healthcare coverage to individuals in Massachusetts. The mandate requires that individuals with healthcare coverage be mailed a form 1099-HC as well as filing an electronic copy with DOR. The 1099-HC must be filed in XML format with DOR and the statement mailed to the individual by January 31 of each year.

The Penalty: The 1099-HC is a tax document like any other tax document required to be submitted to the Massachusetts Department of Revenue by law or regulation. Failure to do so could subject the employer or carrier to a host of penalties, as provided under M.G.L. Ch. 62C § 8B. Below is the language contained in DOR's regulation. (9) Penalty for Failure to Provide Documentation of Health Insurance (a) Pursuant to M.G.L. c. 62C, § 8B, carriers, employers or other sponsors of employment-sponsored health plans that fail to provide written statements to covered individuals or to report to the Commissioner in violation of this section shall be punishable by a penalty of $50 per individual to which the failure relates, not to exceed $50,000 per year per violator. (b) The Commissioner shall assess the penalties under M.G.L. c. 62C, § 8B as a tax subject to chapter 62C.

The Solution: 1099 Pro, Inc. is proud to offer a full range of 1099-HC Printing and Filing solutions using our Corporate Suite Software package. This platform allows data to be imported or keyed in, tracks the status of individual forms, prints forms to blank paper or PDF files, security is enforced via user groups, extensive audit trails, files in MA DOR .xml format, processes corrections and is highly scalable. A web base ASP.NET option is also available where no software other than Internet Explorer 5.5 or higher is required for users to access their data, security is provided by 128-bit SSL encryption. Whether your reporting one individual, or over million, let the experts at 1099 Pro do the work. Join the hundreds of Insurance Carriers, Third Party Administrators, and Employers that depend on 1099 Pro to get their 1099-HC obligations met.

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For more information please contact us:
   Toll-Free: 866-444-3559
   Phone: 818-876-0200
   Email: 1099HC@1099pro.com

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1099-HC Printing and Filing Software & Services

Attention all Insurance Carriers, Third Party Administrators, and Employers