The employer notice requirement under the Affordable Care Act, the U.S. Department of Labor has stated that there will be no penalty for employers that fail to provide these notices to their employees.

The U.S. Department of the Treasury and the U.S. Internal Revenue Service released final instructions and tax forms for the Affordable Care Act’s information reporting requirements. These requirements apply to employers and health insurers as set out in Internal Revenue Code sections 6055 (Forms 1094-B and 1095-B) and 6056 (Forms 1094-C and 1095-C). The agencies also released final transmission forms that will be used to submit the information to the IRS. The final forms and instructions are largely consistent with draft forms and instructions released last summer. Employers that file at least 250 forms annually are required to file electronically. Instructions for electronic filing of the information remain under development.