In January 2021 insurance companies, the government and employers sent Tax Form 1095 to all people enrolled in their healthcare insurance plans in 2020.
The form provides information about your insurance policy, your premiums (the cost you pay for insurance), any advance payment of premium tax credit and the people in your household covered by the policy.
The form is sent so you can include it with your 1040 Federal Income Tax filing.
It proves you provided health insurance for yourself and/or your family.
It proves your Employer provided health insurance benefits either while you were an employee or were on COBRA
Most importantly, if you received Premium Assistance or cost sharing the government is using the information from the Form 1095-A to calculate the amount of your premium tax credit. They will also use this form to reconcile advance payments of the premium tax credit made on your behalf with the premium tax credit you are claiming on your tax return.
If you didn’t get your Form 1095-A from the government, call them at 800-318-2596.
Or Log in to your HealthCare.gov account.
Under “Your Existing Applications,” select your 2020 application — not your 2021 application.
Select “Tax Forms” from the menu on the left.
Download all 1095-As shown on the screen.
Of course, clients of Jerry S. Pearlstein Insurance know that providing information and help through health insurance issues like this is the reason we’ve won the healthcare.gov Elite Circle of Champions award 4 years in a row. If you need us, just call us: 847-362-8888.