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Broker News | Vol. 11 No. 13
Broker News | Vol. 11 No. 13

IRS Extends Due Date for Health Plans to Mail Form 1095-B

The Internal Revenue Service (IRS) extended the due date for health plans to mail Form 1095-B to individuals. Excellus BlueCross BlueShield will mail Form 1095-B to individuals in February 2017.

Statement from the IRS:

IRS Extends Due Date for Employers and Providers to Issue Health Coverage Forms to Individuals

On November 18, 2016, the IRS extended the 2017 due date for providing 2016 health coverage information forms to individuals. Insurers, self-insuring employers, other coverage providers, and applicable large employers now have until March 2, 2017 to provide Forms 1095-B or 1095-C to individuals, which is a 30-day extension from the original due date of January 31. 

The due dates for filing 2016 information returns with the IRS remain unchanged for 2017. The 2017 due dates are February 28 for paper filers and March 31 for electronic filers.

Due to these extensions, individuals may not receive Forms 1095-B or 1095-C by the time they are ready to file their 2016 individual income tax return. While information on these forms may assist in preparing a return, the forms are not required to file. Taxpayers can prepare and file their returns using other information about their health insurance and do not have to wait for Forms 1095-B or 1095-C to file.

For more information, please refer to the IRS website.

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