health coverage tax form 1095
view form 1095 online
View present and historical Form 1095s, request reprints, and provide an alternate mailing or email address for your Form 1095 online.
The Patient Protection and Affordable Care Act (ACA) requires that almost everyone in the U.S. have health coverage that qualifies as minimum essential coverage. U.S. taxpayers must be able to provide proof of such coverage for themselves and their dependents. Form 1095 is required to report information about offers of health coverage and enrollment in health coverage for federal tax purposes. Depending on the source of your health care coverage during the tax year, you may receive a Form 1095-B, a Form 1095-C, or even both.
If you're eligible for Chevron health coverage, your Form 1095 will be automatically mailed to you – or sent via email, depending on your delivery preference; you don’t have to do anything. These forms are typically distributed by January 31 of each year, just like a Form W-2. You generally will not need to file it with your Federal income tax return but you should keep your Form 1095 with your other income tax documents.
Did you know that you can choose to suspend mail delivery and consent to receive Form 1095 electronically by registering through the Benefits Connection website?
- You will be notified by email from DoNotReplyemail@example.com to view your form on the Benefits Connection website as soon as it's available.
- You can start or stop electronic delivery at any time during the year, but the election in place on the annual deadline is the election that will apply to the next Form 1095 to be issued.
- You only need to update your delivery preference once. Your delivery election will continue to be used from year-to-year, unless you change it.
The alternate mailing or email address you provide applies only to your Form 1095; your email and permanent mailing address on file with the HR Service Center will not be affected and will not apply to other Chevron benefit or tax mailings and emails.
how to change your delivery preference:
- The deadline to update your delivery preference for Form 1095 for the 2017 tax year is January 10, 2018.
- Login to Benefits Connection.
- After you are logged in, choose the Affordable Care Act 1095 Tax Form under the photo on the home screen.
- Choose Profile from the top navigation, and follow the instructions under the Form 1095 Delivery Preferences section on the page.
important: special exceptions to electronic delivery
- Expatriate employees: The electronic delivery option may not be available for Form 1095s that reflect health coverage for periods of time when you were a U.S.–payroll expatriate on a residential assignment.
- Medicare-eligible participants: If Medicare was the primary coverage for you or any of your covered, Medicare-eligible dependents, you will not receive a Form 1095 from Chevron. Medicare is responsible for reporting your Medicare coverage to the IRS. Electronic delivery and the ability to view historical documents online as described in this document pertains only to the forms provided by Chevron
what you need to know about form 1095
Form 1095 will show whether you and any dependents received health care coverage during the tax year, and how it was provided to you - whether through Chevron or another source, like another employer or Medicare.
There are two types of Form 1095s: a Form 1095-B and a Form 1095-C. The form you receive depends on whether or not you were an employee, a retiree, or a dependent, what type of health coverage you were offered and enrolled in, and whether you worked inside or outside the U.S. during the tax year.
There are certain situations in which you could receive more than one Form 1095. You'll need them all; it's not a mistake. Save them with your other income tax documents. Here are some of the most common reasons why you might receive more than one Form 1095:
- You're enrolled in any of Chevron's Medical HMO options.
- You were working in the U.S. for part of the year, and then started an expatriate assignment.
- You were on an expatriate assignment for part of the year, and then repatriated to the U.S.
- You retired from Chevron during the year.
- Your employment with Chevron terminated during the year and you are now participating in COBRA coverage.
- You had a job change in which you moved between certain Chevron opcos that had different Employer Identification Numbers (EINs).
- You changed employers.
You might see references to fully insured or self-insured plans. These terms reference how your medical plan is financed by an employer. Chevron offers both fully insured and self-insured plans. The IRS requires different Form 1095s depending on what kind of plan you are in.
For your information, these are currently Chevron's self-insured plans:
- Medical PPO Plan
- High Deductible Health Plan (HDHP)
- High Deductible Health Plan Basic
These are Chevron's fully insured plans:
- All Medical HMO Plans
- Global Choice Plan (U.S.-Payroll Expatriates)
- Global Choice Plan (Expatriates in the U.S.)
- International Healthcare Assistance Plan (IHAP)
The IRS has issued guidance that you do not have to wait for either Form 1095-B or 1095-C to file your inpidual income tax return. You can use other forms of documentation, in lieu of the Form 1095 information, to prepare your tax return. Other forms of documentation that would provide proof of your medical coverage include:
- Your medical ID card.
- Explanation of Benefits (EOB) from your medical plan.
- Chevron pay statements reflecting medical plan deductions. You can view and print your pay statements online. Your pay statement shows the monthly deduction taken for Chevron medical coverage as well as the year-to-date total for medical coverage. Go to the U.S. HR website on the Chevron intranet, choose the My Personal Information (My HR) link on the right side of the page, then Pay Statement. Note that medical contributions are taken in advance, so to see your tax year medical year-to-date total, go to the pay statement from the next-to-last pay period in the tax year (not the last pay period).
- Your form W-2 shows the value of your Chevron medical coverage. You can also access your W-2 online. Go to the U.S. HR website on the Chevron intranet, choose the My Personal Information (My HR) link on the right side of the page, then W-2/W-2c Retrieval.
- Other statements indicating that you, or a member of your family, had health care coverage.
You do not need to send the IRS proof of your medical coverage. However, you should keep any documentation with your other tax records. This includes records of your family’s Chevron (or other employer-provided) coverage, premiums paid, and type of coverage. You are encouraged to consult a tax professional if you have questions about your U.S. tax return.
If you were enrolled for the entire tax year in any of Chevron’s active employee medical plans or medical plans for retirees not eligible for Medicare, then you had what the IRS considers minimum essential coverage for each month of the year. You can simply check the appropriate box indicating your medical coverage situation when you file your federal income tax return. No further action is required of you. However, consider consulting a tax professional or review other tax resources for further instructions if any of the following situations applied to you in during the tax year:
- If you waived or did not have Chevron medical coverage for all or part of the year.
- If you chose to enroll in medical coverage through another employer.
- If you enrolled in medical coverage through the Health Insurance Marketplace.
- If you believe you are exempt from the shared responsibility payment.