This video explains the purpose and different types of 1095 forms.
- Form 1095 is a tax document indicating health insurance coverage.
- 1095-A: Issued by state/federal marketplaces, includes coverage details and tax credits.
- 1095-B: Provided by insurance providers, reports coverage type and period.
- 1095-C: From large employers, shows insurance options offered and ACA compliance.
- Recipients should expect to receive Form 1095 post-New Year and contact their provider if not received by end of February.
- While important for verification, Form 1095 is not required for tax filing.
