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NY Form 1095 B: What You Should Know

Mar 31, 2025 — The IRS announced a policy to stop issuing Form 1095-B as of March 31, 2020.  Form 1095T — UnitedHealth Care UnitedHealthcare members will continue to receive a paper copy of Form 1095T and Form 1094. Tax Credit for Health Insurance Coverage Q: What is a health care credit?   A: A health plan does not have to offer you coverage, or pay for your own care, but it must pay for certain medical care (see Question 11). This includes prescription drugs and hospital care. In the case of a private insurance plan, the plan doesn't have to pay for everything that's covered -- but if an injury or illness goes untreated, it could leave you worse off than you were before you bought insurance. For each dollar you're able to save on your health insurance cost, you can receive up to a 2,000 Tax credit towards purchasing a Health Savings Account or HSA and up to a deduction for contributions to an HSA or Has. You can only use a health credit if you pay the full cost of your health care when you have it.

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