Portico Can Help Rostered Leaders with 1095-B Form

10:41 09 March in News

porticoThis year, for the first time, you’ll need to report health coverage when you file your federal income tax return, or potentially pay a financial penalty (unless you had Medicare as your primary coverage). This new requirement is part of the Affordable Care Act (ACA); you may have heard it called the “individual mandate.”

Portico is here to help. We’re mailing you a tax form that serves as proof of health coverage. Here’s what to do:

  • Watch the mail for Internal Revenue Service Form 1095-B, Health Coverage. It shows the months that you and any covered family members had ELCA-Primary health benefits in 2015.
  • Keep Form 1095-B for your records. You don’t need to submit it with your 2015 tax return.
  • Check a box on your 2015 tax return to indicate you had coverage.

If you have any questions, call Portico at 800.352.2876. They are there to help you navigate an ever-changing health care landscape, so you can stay focused on your ministry.

Call Portico at 800-352-2876 for more information.