ACA Compliance
Every ALE must report ACA compliance. View our ACA compliance checklist and see how HR Outsourcing services can help.
ACA Compliance Checklist and Services
Since signed into law in 2010, the Patient Protection and Affordable Care Act (ACA) has governed large scale healthcare reform. The goal was to make health insurance both more affordable and accessible to all Americans. This was achieved through the creation of Health Insurance Exchanges, premium tax credits for households, and expanding the Medicaid program. Additionally, it enacted a handful of regulations on certain businesses to mandate coverages for employees. Since then, ACA compliance has become the headache of the HR department. Here are a few components we cover in our ACA compliance checklist.
Requirements
Certain businesses will qualify as an Applicable Large Employer (ALE). These businesses are liable for ACA reporting standards. Find out how to calculate if your business is an ALE.
Employee Qualification
Certain employees will qualify for health insurance, but these qualifications may be different from the industry has historically determined to be a full-time employee.
Health Plan Compliance
The most nuanced and complex feature of the Affordable Care Act, the health plan that you offer your employees must follow rigid guidelines to avoid penalties.
Documents and Reporting
Both the federal government and your employees must receive specific documents and reports, and these must be sent out before certain dates.
Penalties
Once all is said and done, your business may be subject to penalties if your ACA reporting is out of compliance.
Download the ACA Checklist
*ACA Compliance services are available with our Benefits Management solution.
HR Outsourcing and ACA Compliance Services
Benefits Management
Our Benefits Management solution works with the broker of your choosing. We ensure the health plan options for your company are compliant with ACA, and are updated during the enrollment period.
HR Compliance
Every solution we offer has the appropriate compliance features built in, and we offer additional HR Services that will cover compliance for every portion of the HR Department. This means we handle ACA reporting for you.
Time Savings
As part of our solutions, we take the mundane, tedious tasks and give you more time to focus on your HR department. This means more time to focus on strategy and more time to grow your business.
US Based Dedicated Support
The HEROES team provides direct support to your employees, tailored to your company. A member of the HEROES team can be reached any time Monday through Friday from 9 AM EST to 8 PM EST.
Trusted by HR Teams Around the World
Corban OneSource Services
Benefits Management
From onboarding through the employment cycle and after, we are the go to source for your employees to manage their benefits.
Managed Payroll
Payroll performed accurately and done well. We administer this service to free up time for you so that you can get more done.
HR Services
Covering everything from employment law to the employee handbook, our HR Services offers many features to keep you compliant and focused on strategy.
Corban OneSource Features
Connect with us to learn more about Benefits Management!
