In This Issue
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
Local and Other News
Be the first to know about new products, services, health care reform and more by subscribing to our newsletter. Visit our Profile and Preference Center to sign up today.
New individual IRS requirement for reporting health coverage
January 8, 2018
Beginning with the 2018 reporting year, the IRS will not accept individuals’ returns missing health coverage information on their 2017 federal tax returns. In October 2017, the Internal Revenue Service (IRS) released guidance that individuals must now answer questions about health coverage on their federal tax return.
For the 2018 reporting year, individuals must indicate whether they had the following information on their 2017 federal tax returns:
- Had minimum essential coverage (MEC) for the year;
- Qualified for an exemption from having health coverage; or
- Are paying the individual shared-responsibility payment.
The 2017 tax year is the first time the IRS will not accept tax returns that do not include the above information.
If individuals do not provide the information:
- Electronic returns will not be accepted until the information is provided.
- Paper returns may be suspended and any refund delayed until the IRS receives the additional information.
Employers may want to make sure their employees are aware of their need to fully complete their tax return with the MEC information. Although those filing taxes are not required to attach the 1095 Form to their federal tax return, it is possible the employee or tax preparer will be looking for the 1095-B or 1095-C form to prepare their tax return.
January 1, 2018 PDL Updates
The following updates will take effect for the OptumRx direct Prescription Drug Lists (PDLs) on January 1, 2018. Learn more
New Sales Automation Management Tool
Check out our new Sales Automation Management (SAM). Learn more
UnitedHealth Group News
Visit our newsroom for the latest about programs, reports and initiatives designed to help people live healthier lives.