There is no necessary action needed on on your part at this time, but here's what you should know:
- All recipients have a "P" listed as their middle initial: this is an error in the form. You will not receive a revised form, since you do not have to file it in 2016
- The return address for Northwell Health is listed as Lexington Ave, Manhattan, due to the fact that this form was mailed through a third party vendor
- In reference to Part II, Line 15: this amount of dollars is the LOWEST you would pay for health insurance through Northwell Health and may not reflect what you actually pay (again - there is no action necessary on your part!)
- If your accountant is asking you for the form tell him or her:
"Because this requirement and form is new under the ACA, the government has granted us a one year grace period and we do not have to file with our taxes this year. If you are still my accountant next filing season .... we will be required to file the form." - If you are covered by a union, you will receive the 1095-C Form stating that you were not offered coverage by Northwell Health (your employer) - those union employees should expect a 1095-B Form from their union - stating the coverage offered to them (it is really the same form - just from your union)
Questions?
Rest assured - this Form is not something you need to address in 2016. If you have questions or comments please share on our Blog so other employees can learn from your query.
What's Next?
If you recently received a tax refund - think smart before you spend it. How about increasing your contribution to your 403(b) or 401(k) retirement plan by just one percent? Reach out to a Transamercia representative for more information about your retirement savings plan: Northwell.edu/myRetirement
