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1095-B for Small Group Aetna Funding Advantage
Our goal is to keep Aetna Funding Advantage (AFA) simple for your clients. And with our new 1095 reporting capabilities, we nailed it. Starting this year, we'll handle 1095-B forms for your small business AFA clients - so they don't have to worry about it. We will automatically send form 1095-B in January to all Small Group AFA members with coverage for the previous calendar year. That means new business and renewing AFA groups (5-50) no longer have to prepare and send 1095-B forms to their employees. And members will still have what they need to report their health insurance coverage at tax time. It's one more way AFA makes plan administration easy - so your clients can focus on running their businesses, not their health benefits. For complete details - including opt-out instructions, please reference the attached plan sponsor letter. We will distribute this to plan sponsors on November 3. Looking for more tax resources? We offer a variety of tools on ProducerWorld® to help your clients stay on track: Medical Membership Enrollment by Tier Report - provides a breakdown of membership by tier for each month to help determine total membership PCORI Calculator - helps groups calculate their Patient-Centered Outcomes Research Institute (PCORI) annual fee Taxes & Fees FAQ - outlines common questions and answers about taxes and fees related to AFA. For more information on 1095-B reporting, visit the IRS website. If you have any questions about AFA, please contact your Aetna representative.
*Any information provided by Aetna, related to these requirements, should not be considered to be legal, tax advice or compliance guidance.

Aetna is the brand name used for products and services provided by one or more of the Aetna group of subsidiary companies, including Aetna Life Insurance Company and its affiliates (Aetna).

Aetna Funding Advantage (AFA) plans are self-funded, meaning the benefits coverage is offered by the employer. Aetna Life Insurance Company only provides administrative services and offers stop loss insurance coverage to the employer.

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We are located at 151 Farmington Ave, Hartford, Connecticut 06156.

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