Overview
It’s Tax Season Again…
Special Information about Healthcare Tax Form--IRS Form 1095-B
Enrollees in the HUSKY Health program will soon be receiving a tax form in the mail. This is the ‘IRS Form 1095-B,’ required by federal law to help you prepare your federal tax return.
In January 2020, the Department of Social Services (DSS) is sending IRS Form 1095-B to Medicaid and Children’s Health Insurance Program (CHIP) members who were enrolled for any portion of 2019. Medicaid and CHIP are also known as HUSKY Health in Connecticut.
- Your Form IRS Form 1095-B is being mailed by DSS by January 31, 2020.
- IRS Form 1095-B is an official tax document which serves as proof of enrollment in ‘minimal essential health coverage (MEC).’ All HUSKY Health programs which provide full medical coverage qualify for this type of coverage.
- Before 2019, individuals who did not have minimum essential coverage and did not qualify for an exemption from the requirement to have MEC could be liable for the individual shared responsibility payment (also known as a “penalty” or “fine”).
- Beginning in 2019, individuals are no longer be responsible for the individual shared responsibility payment because the payment amount is reduced to $0.