Thursday, March 5, 2020

Important Tax Information for SHOP


shop marketplace health insurance for small business healthcare.gov

Important Tax

Information for SHOP

Tax Day is just over a month away! If your small business was enrolled in Small Business Health Options Program (SHOP) coverage in 2019 or previous years, you may need some tax-related information about your health insurance.

For each year you have SHOP coverage, you’ll receive a Tax Form 1095-B that reports the type of coverage you had, dependents covered by your insurance policy, and the period of coverage. This form is generated by insurance companies that offer SHOP coverage.

If you need the form, or have questions about it:
  • Employers should contact the health insurance company they enrolled with. Your 1095-B will also include your business’ unique Marketplace identifier number.
  • Employees should contact their employer or insurance company if they have not received their 1095-B.
 Note: The SHOP does not generate or distribute Tax Form 1095-B to consumers enrolled in SHOP coverage.

Employers should keep a record of all tax documents and SHOP payment information for each year of their SHOP coverage. To read additional guidance on Tax Form 1095-B, visit IRS.gov.

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Questions? Contact your insurance company or an agent or broker for help. For additional assistance, contact the SHOP Call Center at
1-800-706-7893 (TTY: 1-888-201-6445).

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