The Affordable Care Act increases both health care coverage and paperwork. The Marketplace must provide a 1095 form to the individuals it covers. Additionally, health insurance providers, other coverage providers, and certain businesses are required to provide 1095 forms to covered individuals or employees. The forms will help the IRS determine who has health insurance and who does not. Under the Affordable Care Act, many people without coverage (and their employers) must pay a penalty.
There are three 1095 forms: […]