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About NEEBCo

New England Employee Benefits Company (NEEBCo) is a leading employee benefits and insurance firm that combines advanced technology and responsive, personalized service to provide tailored market analysis and custom funding solutions for employers and employees.

Recent News from NEEBCo

IRS Releases Draft Instructions for 6055 and 6056 Reporting – Including Filing Extensions

The Affordable Care Act (ACA) created new reporting requirements under Internal Revenue Code (Code) Sections 6055 and 6056. Under these new reporting rules, certain employers must provide information to the IRS about the health plan coverage they offer (or do not offer) or provide to employees. Reporting is first required in 2016, related to coverage …

Health Plans Social Security Number (SSN) Outreach

Under the Affordable Care Act (ACA) mandatory information reporting requirements, sponsors of self-funded plans are required to provide 2015 eligibility and coverage information about employees and dependents on Forms 1094 and 1095 B or C, and must include SSNs if available. If SSNs are not available, dates of birth may be used, but employers must …

Cadillac Tax Notice and Updates

For taxable years beginning in 2018, the Affordable Care Act (ACA) imposes a 40 percent excise tax on high-cost group health coverage. This tax is also known as the “Cadillac tax.” On July 30, 2015, the Internal Revenue Service (IRS) issued Notice 2015-52 to continue the process of developing guidance to implement the Cadillac tax. …