Planning For Tax Season: Form 1095-B

  • December 8, 2022

    For fully insured group plans

    Form 1095-B is a health insurance tax form required under the Affordable Care Act. This form reports the timeframe a member and their covered dependents had minimum essential coverage during the prior tax year.

    Members who are part of a fully insured group plan use this form to file their taxes.

    What we’ll be doing

    Premera Blue Cross and Premera Blue Cross Blue Shield of Alaska will be providing Form 1095-B to our members, as required.

    This form will be distributed to members in January 2023 either through the mail or electronically. Members who sign up for electronic delivery will receive an email notification to retrieve the form from their online member account once it’s available. Those who sign up for electronic delivery will not receive a paper form in the mail.

    This information will be communicated to employers later this month.

    How you can help

    Electronic delivery is fast and easy! Make tax season easier for your clients by encouraging them to sign up and receive their Form 1095-B online. Sign-ups must be submitted by December 31, 2022, to take advantage of this opportunity.

    Your employer groups can find a flyer, email, and content-3-ways in B’link that they can send their employees to help them sign up for an electronic Form 1095-B.

    Instructions for members

    Electronic delivery of your tax Form 1095-B is fast and easy!

    Make tax season easier by getting your Form 1095-B online. Sign up by December 31, 2022, to take advantage of this opportunity.

    To request an electronic Form 1095-B tax form:

    • Sign in to your account on premera.com. (Don’t have an account? Create one today.)
    • Under My Account, select Account Settings
    • Locate PREFERENCES on the right column of the page and under Paperless Tax Form 1095, turn the switch to ON.

    You’ll get an email in January 2023 when the form is available online.

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