ACA Reporting › Best 1095 Software for Insurance Companies
At a Glance
What is the Best 1095 Software for Insurance Companies?
Insurance carriers file thousands to millions of 1095-B forms annually to report minimum essential coverage. The best 1095 software for insurance companies offers bulk processing capabilities, direct integration with your policy administration systems, TIN matching to prevent IRS rejections, and automated recipient copy distribution.
BoomTax is trusted by health insurers nationwide for 1095-B compliance. Our platform handles the volume and complexity of insurance company ACA reporting with features specifically designed for B-series filers.
Why Insurance Companies Choose BoomTax
- High-Volume Processing: File hundreds of thousands of 1095-B forms with bulk upload and batch processing.
- IRS AIR Integration: Direct e-filing to the IRS ACA Information Returns (AIR) system with real-time status tracking.
- TIN Validation: Verify SSNs/TINs before filing to reduce rejection rates and penalty exposure.
- Recipient Copy Mailing: Print and mail 1095-B copies to covered individuals through our fulfillment partners.
- B-Series Specialists: Deep expertise in 1095-B and 1094-B forms for health coverage reporting.
- State Filing Support: File to states with individual mandates (CA, MA, NJ, RI, VT, DC).
Key Features for Insurance Carriers
Bulk Data Import
- Excel, CSV, and XML file uploads
- API for automated data transfer
- SFTP for scheduled batch processing
- Automatic data validation against IRS rules
IRS Compliance
- Form 1095-B (Health Coverage)
- Form 1094-B (Transmittal)
- Correction filing (corrected 1095-B)
- Real-time IRS acceptance status
Enterprise-Grade Security
Insurance companies handle sensitive policyholder data. BoomTax maintains rigorous security standards:
- SOC 2 Compliant: Annual audits verify our security controls meet industry standards.
- HIPAA Ready: Data centers, printing, and support all maintain HIPAA compliance.
- 256-bit Encryption: All data encrypted at rest and in transit.
- SSN Masking: Social Security numbers masked throughout the application.
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.
Frequently Asked Questions
Dedicated to simplifying complex IRS regulations for employers, with expertise in ACA, 1099, and W-2 compliance.
BoomTax and its affiliates do not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors prior to engaging in any transaction.