The Form 1095-B, Health Coverage Skill extracts key data from the IRS (Internal Revenue Service of USA) Form 1095-B, used to report certain information to the IRS and to taxpayers about individuals who are covered by minimum essential coverage and therefore are not liable for the individual shared responsibility payment.
The Form 1095-B, Health Coverage 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 incoming Form 1095-B documents.
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-B documents and extracts relevant data (fiscal year, responsible individual's name, SSN, employer name and EIN, policy issuer, individuals covered 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
Contributor:
ABBYY
Published:
2 April 2024
Last updated:
2 October 2024
Purchase terms
Free
Specifications
English
United States
Preview