The 2016 Open Enrollment period is now open!

The 2016 Open Enrollment period (January 15, 2016 – February 28, 2016) provides you with an opportunity to change your coverage options; effective March 1, 2016, as well as the opportunity to add or drop eligible dependents under the Alaska Teamster-Employer Welfare Plan. Please click the link below to enroll online.

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IRS Form 1095-B

In February 2016 you will be mailed a new form called IRS Form 1095-B from the Trust. It's possible that you will also receive a form called IRS Form 1095-C from your employer if at any time in 2015 you worked for an employer with 50 or more full time employees.

Keep these Forms for use in filing your tax return. Form 1095-B is used for you to prove on your tax return that you, your spouse and dependents had qualifying health coverage for some or all months during the year. It is very important that when you receive these forms you keep it in a safe place for your tax filing. Individuals who do not have qualifying health insurance may have to pay a penalty for not having health insurance.

1095b Example

Under the Affordable Care Act (ACA), commonly known as Obamacare, sponsors of health insurance plans are required to report certain information to the IRS and to individuals who are covered by that plan. Employers who have more than 50 full time employees are also required to report certain information to the IRS and to individuals. Under the ACA individuals are also required to have qualifying health insurance.

You can visit the IRS website for further information: https://www.irs.gov/Affordable-Care-Act/Individuals-and-Families/Individual-Shared-Responsibility-Provision

Sincerely,
Alaska Teamster-Employer Welfare Trust

 

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