Form MA 1099-HC, Individual Mandate for Massachusetts Health Care Coverage, is a form that is used during the process of filing state taxes. Both full and part time residents are required to complete this form each tax year to prove that they meet the requirement for minimum healthcare coverage. If the taxpayer doesn't have the minimum amount of coverage, they may be penalized.
A Form MA 1099-HC will be used by the state of Massachusetts for health care and coverage purposes. This form is known as the Individual Mandate for Massachusetts Health Care Coverage. It is used for tax filing purposes, and must be filed by all full-time residents and some part-time residents of the state. The form ensures that all residents of Massachusetts meet the requirements for minimum health care coverage.
You will need to include your personal information, the information for your family and dependents, and whether or not you met the minimum requirements. If you didn’t meet the requirements for health coverage, you can calculate whether you owe a penalty. You can also request an exemption or file an appeal.
To complete an MA 1099-HC, you will need to provide the following information:
The FID number that is used on the 1099-HC is not necessarily the same number that is used in IRS or other Department of Revenue filings. Taxpayers should report the FID number that is shown on Box 2 of Form MA 1099-HC on their tax return.
A subscriber has minimal creditable coverage when they were covered for 15 days or more in the month.
A health insurance carrier is required to send Form MA 1099-HC to the primary subscriber. Health insurance carrier should also send 1099-HCs to members with non-compliant coverage and indicate that their coverage did not comply with MCC standards.
There is no obligation to mail Form MA 1099-HC to Medicare subscriber or to dependents.
If your subscribers consent to receive their 1099-HC in an electronic format, you can provide them with an electronic copy instead.
In some instances, carriers or third-party administrators may need sponsors to certify that the plan offered is MCC-compliant.
Plan sponsors can use an Attestation Letter to certify to a carrier or third-party administrator that the benefits package they provide to covered employees is MCC-compliant. Attestation letters do not need to be submitted to the Department of Revenue, but should be kept on file in case they are requested.
