What are 1095 Tax Forms?

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General Education

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This video explains the purpose and different types of 1095 forms:

  • 1095 forms are tax documents indicating health insurance coverage or lack thereof.

  • 1095-A: Issued by state/federal marketplaces and includes coverage details and tax credits.

  • 1095-B: Provided by insurance providers and reports coverage type and period.

  • 1095-C: Provided by large employers and shows insurance options offered and ACA compliance.

  • Recipients should expect to receive their form 1095 post-New Year and should contact their provider if they have not received it by, say, February.

  • While important for verification, form 1095 is not required for tax filing.