Starting in 2016, employees who are considered full-time under the terms of the Affordable Care Act (ACA) will be issued a new tax form. The IRS form 1095-C, titled “Employer Provided Health Insurance Offer and Coverage” is required by the ACA law. The form illustrates the health insurance coverage that was offered during the 2015 calendar year. Employees who declined to participate in their employer’s health plan will still receive a 1095-C.
The 1095-C forms are required to be provided to eligible employees no later than March 31, 2016; however, Carroll University plans to make them available prior to the due date. If a 1095-C is issued to you, an email will be sent when the forms are available online, similar to the W-2 process. You will need to actively make a choice to receive your 1095-C electronically. If you do not, it will be mailed to the home address in your employee record.
You may need this form to complete your 2015 Federal tax return.
You may also receive an additional form from your health insurance provider (IRS Form 1095-B) which provides information regarding covered individuals.
Seeking the assistance of a tax professional who knows your particular situation for advice is always recommended.
Additional information can be found on the IRS website: https://www.irs.gov/uac/About-Form-1095-C
Lorraine Forcinito, Director of HR
Deidre Erwin, Controller