What do I do with the 1095's received for our company from insurance company? Is it just for records? ?

Unless you live in a state that requires you have to medical insurance - CA, NJ, RI and a few others = then it's just for your records.

If you are in a state that has an independent mandate, the 1095B or C is used to validate your information.

Since there is no longer an individual mandate at the federal level level the 1095B or C is not used by the IRS for personal income taxes.  There is no auditing associated with it because there is nothing to audit individuals about. 
- it is used solely for the employer mandate. ...Show more

If your company provides medical insurance for your employers then you should have issued them all 1095-C forms, but they are only for record keeping such as just in case someone gets audited and the IRS questions them on whether or not they had insurance. You don't need a 1095-C in order to file your tax return.

And since the insurance company should have submitted them to the IRS as well, its very unlikely that anyone in your company is going to need their 1095 in an audit defense situation....Show more