IRS Tax Form 1095-A, Health Insurance Marketplace Statement

Verified by ABBYY

The Form 1095-A, Health Insurance Marketplace Statement skill extracts data from Forms 1095-A, which are used to report certain information to the Internal Revenue Service (IRS) about individuals who enroll in a qualified health plan through the Health Insurance Marketplace. It includes information such as the effective date of the coverage, the premium amounts paid monthly, and any advance payments of the premium tax credit or subsidy.

The Form 1095-A, Health Insurance Marketplace Statement skill is a preview skill. It has been trained on a small document set and is intended to be used by citizen developers as a quick-start basis for processing Forms 1095-A. The skill may require further training on your specific documents in order to be used in production scenarios.

Benefits
  • Vantage document skills are extraction models, based on ABBYY's purpose-built AI, designed and trained to extract key data from business documents.
  • Preview document skills provide a quick-start basis for conducting proof of concept and automating document-centric processes, without wasting time to train a new skill from the ground up. In most preview skills the main data fields have been labeled and the skill has been trained on a small document set to provide a starting point for further training on customer side. Preview skills generally come at no additional cost, but consume page volume from the base Vantage Core Skills volume.
  • The model automatically detects key fields on Form 1095-A documents and extracts relevant data (fiscal year, recipient name, SSN, policy issuer, individuals covered, coverage information etc.). For a full list of extracted fields, please see the skill documentation.
  • Can be augmented by human-in-the-loop review and verification based on accuracy thresholds, missing or incorrect information.
  • Requires further training in order to ensure sufficient accuracy levels on customer-specific documents. Training can be done up-front or during runtime as documents arrive and go through manual verification.
Processes with this connector
Transfer data to other systems
Related skills
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Contributor:
ABBYY
Published:
2 April 2024
Last updated:
2 October 2024
Purchase terms
Free
Specifications
English
United States
Preview