Industries 1095-B & 1099-R E-Filing for Insurance Carriers & Brokers

At a Glance
Insurance carriers, brokers, and benefit consultants have unique e-filing requirements including 1095-B for health coverage, 1099-R for annuity and life insurance distributions, 1099-INT for interest payments, and 1099-DIV for dividends. BoomTax offers bulk processing, multi-EIN management, and HIPAA-compliant infrastructure for the insurance industry.

What is the Best 1095-B and 1099-R Software for Insurance Companies?

Insurance carriers and brokers need e-filing solutions that handle their diverse reporting requirements. From health coverage forms (1095-B) to retirement and annuity distributions (1099-R) to investment income (1099-INT, 1099-DIV), the insurance industry has complex IRS filing obligations.

BoomTax provides a complete solution for insurance industry e-filing with bulk processing, advanced validation, and the security infrastructure required for handling sensitive policyholder data.

Why Insurance Companies Choose BoomTax

  • 1095-B Expertise: File Form 1095-B for health coverage with support for all covered individuals and B-series transmittals.
  • 1099-R for Distributions: Handle annuity distributions, life insurance payouts, and pension distributions.
  • 1099-INT & 1099-DIV: Report interest and dividend payments to policyholders and investors.
  • Bulk Processing: Import and file thousands of forms in a single batch operation.
  • HIPAA Compliant: Our infrastructure meets healthcare data protection requirements.

Forms for the Insurance Industry

ACA B-Series Forms

Retirement & Annuity

Investment Income

1095-B Filing for Health Insurers

Health insurance carriers must file Form 1095-B for each individual covered under their policies. BoomTax makes 1095-B filing efficient:

  • Covered Individuals: Properly report all family members covered under each policy.
  • Monthly Coverage: Track coverage status by month for accurate reporting.
  • Bulk Import: Upload policyholder data via Excel with automatic validation.
  • State Filing: Support for state ACA mandates including CA, MA, NJ, and more.

1099-R for Annuity & Life Insurance

Insurance companies making distributions from annuities, life insurance contracts, or pension plans must file Form 1099-R. BoomTax supports:

  • Distribution Codes: All IRS distribution codes properly handled.
  • Taxable Amounts: Calculate and report taxable portions correctly.
  • State Tax Withholding: Report state tax withheld where applicable.
  • Corrections: Easily file corrected 1099-R forms when needed.

Security for Insurance Data

  • SOC 2 Compliant: Rigorous security and availability standards.
  • HIPAA Compliant: Required for health insurance data handling.
  • 256-bit AES Encryption: All data encrypted at rest and in transit.
  • SSN Masking: Policyholder SSNs masked throughout the platform.

All Features Included

Purchasing any BoomTax package will give you everything you need to complete your filing.

This includes:

  • Federal E-File
  • State E-File (ACA and 1099 CF/SF)
  • Recipient Copy Download as PDF
  • Official IRS Copy Download as PDF
  • Unlimited Corrections

Bulk Import

Import many companies in one spreadsheet to simplify data input.

Data Validation

We validate your data against hundreds of IRS rules.

Hands Off E-File

No IRS registration or testing required.

Free Corrections

Make as many changes as needed for free.

How Insurance Companies File with BoomTax

Import Your Data

You can import your data as Excel, XML, or use files from popular payroll providers like QuickBooks, UKG, ADP, and many more.

Step-By-Step Wizard

We walk you through the process with no complicated jargon. You can also live chat with a real person as you work on your filing for hands-on help.

E-File & Mail Employee Copies

Once your data is loaded, you can e-file and distribute employee copies in minutes.

Book a Demo

Frequently Asked Questions

Yes, BoomTax fully supports Form 1095-B filing for health insurance carriers. We handle covered individual reporting, monthly coverage tracking, and transmittal via Form 1094-B. We also support state ACA filing requirements.

Yes, BoomTax supports 1099-R filing for all distribution types including annuity payments, life insurance payouts, and pension distributions. We handle all IRS distribution codes and taxable amount calculations.

Yes, BoomTax infrastructure is HIPAA compliant. Our data centers, printing facility, and helpdesk all maintain HIPAA compliance for handling protected health information.

Yes, insurance companies that pay interest or dividends to policyholders can use BoomTax to file 1099-INT and 1099-DIV forms. We support bulk filing for high-volume operations.

BoomTax is built for enterprise-scale filing. We routinely handle carriers filing tens of thousands or hundreds of thousands of forms. Our bulk import and batch processing features are designed for high-volume operations.
Michaela Porterfield
Author
Michaela Porterfield
Content Writer at BoomTax
View all posts

Dedicated to simplifying complex IRS regulations for employers, with expertise in ACA, 1099, and W-2 compliance.

Book a Demo

or

Takes Only 30 Seconds

Related Industries & Resources
Third Party Administrators

ACA filing for TPAs and benefits administrators.

TPA Solutions ›
Financial Services

1099-B, 1099-DIV, and 1099-INT for financial institutions.

Financial Services ›
Insurance Broker Guide

Detailed guide for insurance brokers.

Insurance Brokers ›
   Help