ACA COMPLIANCE
Proactive ACA Solutions
Easily manage Affordable Care Act compliance by streamlining the collection of employee hours and monitoring of important metrics.
Make ACA compliance Easy and Automatic.
Our ACA Manager is designed to take the complexity out of Affordable Care Act compliance. By automatically collecting and organizing employee hour data, it ensures you always have an accurate view of your workforce. The system continuously tracks critical metrics such as measurement periods, fluctuations in employee hours, and benefits eligibility, so you never have to worry about missing important compliance details. In addition, proactive alerts notify you of potential issues before they become costly problems, giving you the time and clarity needed to act.
Do you have to comply?
A company that employs 50 or more full-time equivalent employees is defined as an Applicable Large Employer (ALE). The employer mandate requires all ALEs to offer minimum essential coverage that is both affordable and provides the minimum or face a penalty called the Assessable Payment (play or pay). This coverage must be offered to all full-time (FT, defined by total hours of service) employees and is determined by using either a monthly or look-back measurement period.
ACA Compliance
Closed-Loop Administration
Our HCM solution provides a unified record for every employee, integrating essential data from timekeeping, HR, and payroll. This comprehensive approach enables a fully streamlined, closed-loop ACA administration process, ensuring accurate tracking, reporting, and compliance management.
Automated Policies
Simplified Year-End Process
IRS forms 1094-C and 1095-C, along with files for submission in IRS AIR or state-specific formats, are populated using the trusted data collected throughout the year. Paired with an intuitive, in-product checklist, this streamlined process turns year-end reporting into a seamless, stress-free task.
Key Benefits for HR Professionals
- Enhance efficiency by automating employee hour tracking and measurement period calculations
- Boost compliance and reduce risk with automatic updates to current ACA regulations
- Lighten administrative load by simplifying benefit premium cost calculations for each employee
- Simplify year-end reporting with pre-filled IRS forms 1094-C and 1095-C, ready for AIR or state-specific submissions
- Unlock actionable insights insights through clear, real-time reporting instantly accessible right at your fingertips.
- Stay proactive with notifications that consistently keep your ACA compliance strategy on track.
Key Benefits for Employees
- Opt in with ease to receive your 1095-C form electronically rather than waiting for them to be sent through the mail
- Quickly access current and past 1095-C forms on desktop or the mobile app
- Download and print instantly – get your 1095-C forms quickly whenever you need them
- Gain Protection from penalties by maintaining complaint health coverage through the year
- Receive clear documentation to help accurately complete annual tax filings and verify coverage
- Ensure continued access to affordable healthcare coverage that meets federal standards
Features of theACA Manager
- Auto-populated IRS forms 1094-C and 1095-C
- Robust rules engine
- Mass editing tools
- Automated, proactive notifications
- Year-end processing checklist
- Electronic and hard copy form delivery
- IRS AIR and state-specific filing formats
- Employee self-service
- ACA dashboard and real-time reports
