What's the Difference Between Forms 1095-B and 1095-C?

The 1095-C form is a crucial document in the United States tax system, specifically related to health insurance coverage. This form is issued by health insurance providers to individuals who have obtained coverage through the Affordable Care Act (ACA). It serves as proof of health insurance coverage for the tax year in question, which is essential for meeting the ACA's individual mandate requirement. Understanding the purpose and significance of the 1095-C form is essential for individuals navigating the complexities of the healthcare system and their tax obligations.