Health Insurance Form 1095 A B

More information on form 1095 a health insurance marketplace statement is available on irs gov aca.

Health insurance form 1095 a b. Form 1095 b is a tax form that reports the type of health insurance coverage you have any dependents covered by your insurance policy and the period of coverage for the prior year. A figure called second lowest cost silver plan slcsp you ll use information from your 1095 a to fill out form 8962 premium tax credit pdf. Generally a designated government entity will file form 1095 b on behalf of a government employer that sponsors or maintains a self insured group health plan for its employees only if that government employer isn t subject to the employer shared responsibility provisions which would require reporting on form 1095 c. Also known as slcsp this is reported on form 1095 a in part iii column b.

Form 1095 b is an internal revenue service irs form that may be sent to taxpayers who receive minimum essential health insurance coverage as defined by the affordable care act aca. The type of health coverage a customer had last year will determine what type of tax form they get. 1095 a b c customers are required to report their health coverage on their federal income taxes each year. The 1095 a form health insurance marketplace statement is for people who have health insurance through the health insurance marketplace often called an exchange.

Your 1095 a contains information about marketplace plans any member of your household had in 2019 including. What s the difference between form 1095 a 1095 b and 1095 c. The form details the type of coverage the months of the year the coverage was provided and the names of those covered by. The 1095 b form health coverage is mailed to individuals by the insurer to report minimum essential coverage.

Below is a description of the three tax forms who sends them and what customers should do with them. Form 1095 b health coverage is provided by insurance companies and other coverage providers. Health insurance tax forms. Form 1095 b health coverage health insurance providers for example health insurance companies send this form to individuals they cover with information about who was covered and when.

Form 1095 a health insurance marketplace statement is provided by the marketplace to individuals who enrolled or who have enrolled a family member in health coverage through the marketplace. Form 1095 b is used by providers of minimum essential health coverage to file returns reporting information for each individual for whom they provide coverage. Form 1095 b is used to report certain information to the irs and to taxpayers about individuals who are covered by minimum essential coverage and therefore are not liable for the individual shared responsibility payment.