Health Insurance and Your Tax Return

Your plan is considered minimum essential coverage. In fact, all our medical plans that you can get on the Exchange are minimum essential coverage.

Your plan's Summary of Benefits and Coverage (SBC) also lets you know that it provides minimum essential coverage. You’ll find this section on your SBC:

The Exchange will send you IRS Form 1095-A to use when you file your taxes. You can also find a copy of the form by logging into your Exchange online account .

If you have questions about the 1095-A form you received from the Exchange, please call the Exchange at the number shown on your form.

All of our individual and family major medical plans are minimum essential coverage. These include:

• Metallic plans (Gold, Silver, Bronze plans)
• Catastrophic plans
• Government plans, such as Medicare Advantage
• Grandfathered and non-grandfathered plans

Your plan's Summary of Benefits and Coverage (SBC), which you received when you enrolled in your plan, also lets you know that it provides minimum essential coverage. You'll find this section on your SBC:

In addition, BCBSIL will send you IRS Form 1095-B to use when you file your taxes. You should expect to receive your 1095 forms by February 14, 2020.

If you need additional information, contact your tax advisor or visit IRS.gov  to see what — if any — documents you may need.

Stand-alone dental plans are not minimum essential coverage.

Plans offered by employers can differ from company to company, so check your Summary of Benefits and Coverage (SBC). You should have received your SBC when you enrolled in your plan. You can also contact your employer’s benefits or HR department for a copy.

Your plan's Summary of Benefits and Coverage (SBC) will let you know if it provides minimum essential coverage. You'll find this section on your SBC:

In addition, BCBSIL may have sent you IRS Form 1095-B to use when you file your taxes. BCBSIL sent out forms to members of fully insured groups. If you are unsure if this applies to you, speak with your HR department or benefits advisor for more information.

If you need additional information, contact your tax advisor or visit IRS.gov  to see what — if any — documents you may need.

If you didn’t have minimum essential coverage in 2018 or before, you may have had to pay a penalty with your federal tax return. You may have avoided a penalty if you qualified for a health coverage exemption . For 2019, there is no longer a federal penalty. However, you should consult with your tax advisor to learn more about the law.

To ensure that you have minimum essential coverage next year, enroll in a plan during the open enrollment period. If the open enrollment period has ended, certain life events may qualify you for special enrollment. If you qualify, you can enroll in an individual plan with minimum essential coverage this year.