*Due to tax law changes, beginning Jan. 1, 2019, you'll no longer be required to have minimum essential coverage.*
Each January you'll still get an IRS Form 1095 from your pay center listing the coverage you had during the previous tax year.
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 aren't liable for the individual shared responsibility payment.
The 1095-B form is sent to individuals who had health insurance coverage for themselves and/or their family members that is not reported on Form 1095-A or 1095-C.
The 1095-B is sent by the Health Care Providers such as:
- Insurance companies outside the Marketplace
- Government agencies such as Medicare or CHIP
- Employers who provide health coverage known as "self-insured coverage" but are not required to send form 1095-C to the individual
- Also sent by other coverage providers
The 1095-B form provides information about your prior year health coverage. Use the information contained on the 1095-B form to determine if you and your family members had health coverage that satisfies the individual shared responsibility provision.
Under the Tax Cuts and Jobs Act, the amount of the individual shared responsibility payment is reduced to zero for months beginning after December 31, 2018.
Beginning in Tax Year 2019, Forms 1040 and 1040-SR will not have the “full-year health care coverage or exempt” box and Form 8965, Health Coverage Exemptions, will no longer be used. You need not make a shared responsibility payment or file Form 8965, Health Coverage Exemptions, with your tax return if you don’t have a minimum essential coverage for part or all of the year.
You do not need to wait for Form 1095-B to file your tax return if you already know this information. Form 1095-B is not included in your tax return. Please keep a copy of form 1095-B with your tax records for future reference. If you have any questions about your 1095-B form, please contact the issuer of the form.