Form 1095-C: Employer-Provided Health Insurance Offer and Coverage
Form 1095-C: Employer-Provided Health Insurance Offer and Coverage is an Internal Revenue Service (IRS) tax form reporting information about an employee's health coverage offered by an Applicable Large Employer (ALE). Form 1095-C: Employer-Provided Health Insurance Offer and Coverage is a tax form reporting information about an employee's health coverage offered by an Applicable Large Employer (ALE). Applicable Large Employers (ALEs) typically have 50 or more full-time employees. Form 1095-C: Employer-Provided Health Insurance Offer and Coverage is an Internal Revenue Service (IRS) tax form reporting information about an employee's health coverage offered by an Applicable Large Employer (ALE). If Parts I and II are the only sections filled, the employee may also receive a Form 1095-B: Health Coverage, which provides proof of coverage from the insurer chosen by the employer. Form 1095-B is used by employers to report information to the IRS and to taxpayers about individuals covered by minimum essential coverage and who are not liable for the individual shared responsibility payment. Information from this form also helps determine a taxpayer's eligibility for credits, such as the premium tax credit Information from this form also helps determine a taxpayer's eligibility for credits, such as the premium tax credit.
What Is Form 1095-C: Employer-Provided Health Insurance Offer and Coverage?
Form 1095-C: Employer-Provided Health Insurance Offer and Coverage is an Internal Revenue Service (IRS) tax form reporting information about an employee's health coverage offered by an Applicable Large Employer (ALE). ALEs typically have 50 or more full-time employees.
Information from this form also helps determine a taxpayer's eligibility for credits, such as the premium tax credit.
Who Can File Form 1095-C: Employer-Provided Health Insurance Offer and Coverage?
This form is provided by Applicable Large Employers to full-time employees who have been working for one or more months of the calendar year. ALE members must report that information for all 12 months or the entire calendar year for each employee.
How to File Form 1095-C: Employer-Provided Health Insurance Offer and Coverage
Form 1095-C is a reference document that is not completed by the taxpayer. It is not filed with a tax return. Instead, it should be kept with the taxpayer's records.
Form 1095-C is available on the IRS website.
Other Relevant Forms
If Parts I and II are the only sections filled, the employee may also receive a Form 1095-B: Health Coverage, which provides proof of coverage from the insurer chosen by the employer.
Form 1095-B is used by employers to report information to the IRS and to taxpayers about individuals covered by minimum essential coverage and who are not liable for the individual shared responsibility payment.
An individual who obtains health insurance through Health Insurance Marketplace carrier will receive Form 1095-A: Health Insurance Marketplace Statement. Form 1095-A does not have to be returned to the government. It simply serves as a record of the individual's healthcare coverage. It includes information such as the effective date of the coverage, the premium amounts paid monthly, and any advance payments of the premium tax credit or subsidy.
Related terms:
Federal Income Tax
In the U.S., the federal income tax is the tax levied by the IRS on the annual earnings of individuals, corporations, trusts, and other legal entities. read more
About Form 1095-A: Health Insurance Marketplace Statement
Form 1095-A: Health Insurance Marketplace Statement is a form sent annually to Americans who buy insurance through the healthcare exchange, read more
Form 1095-B: Health Coverage
For 1095-B is an IRS document sent to U.S. taxpayers who receive minimum essential coverage as defined by the Affordable Care Act. read more
Health Reimbursement Arrangement (HRA)
A health reimbursement arrangement (HRA) is an employer-funded plan that reimburses employees for medical expenses and, sometimes, insurance premiums. read more
What Is the Internal Revenue Service (IRS)?
The Internal Revenue Service (IRS) is the U.S. federal agency that oversees the collection of taxes—primarily income taxes—and the enforcement of tax laws. read more
Self-Insure
Self-insure is a method of managing risk by setting aside a pool of money to be used to mitigate unexpected losses. read more
Tax Credit
A tax credit is an amount of money that people are permitted to subtract, dollar for dollar, from the income taxes that they owe. read more