New IRS Form Required to Confirm Health Coverage

February 23, 2016

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Unit Managers: Please post a paper copy of this message in your area for employees who may not have regular computer access.

To: UCSC Staff Employees
From: Frank Trueba, Benefits Manager, Staff Human Resources
Re: New IRS form, 1095, required to confirm health coverage

You may have heard about a new tax form required to file your taxes this year. Indeed, there is a new tax form, Form 1095, which you will receive by March 31, 2016, which will confirm your health coverage during 2015.

However, for 2015, you will not need to file the actual form with your 2015 taxes. This year, individuals will be able to check a box on their income tax returns which will satisfy the “individual mandate” to maintain health insurance coverage for the year. However you should keep Form 1095 with your 2015 tax records for future reference or in case of an audit. Depending on the type of coverage you have, you may receive this form from your medical plan, from UC or from both; UC retirees in Medicare may receive the form from CMS (the Center for Medicare & Medicaid Services). The form(s) will confirm your and your dependents’ coverage for each month of 2015. Similar to other tax forms, Form 1095 will identify you and your dependents by your Social Security numbers (SSNs) so that the IRS can accurately identify covered individuals. As a result, you may be asked to supply UC or your health insurance carrier with any missing SSNs for yourself and/or your covered dependents. After March 31, you should able to download a copy of your 1095 from AtYourService, just as you download your W-2 form.

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