How to comply with the affordable care act 2015 edition. Affordable care act aca compliance software birddoghr. Although the law speaks specifically to individual and small group practices, the intent is for all. Comments off on affordable care act compliance in the payroll department. Ultimate software s affordable care act compliance tools and services help employers face any challenge the changing healthcare legislation may present. Affordable care act aca compliance 40 companies found. Ultimate softwares affordable care act compliance tools and services help employers face any challenge the changing healthcare legislation may present.
Yearround status notifications, automated trackingreporting, costeffective. A smart, 360degree software solution for affordable care act employer reporting and compliance by integrity data. From its very genesis, the affordable care act aca has caused a headspinning change in regulations, forcing business owners to keep up with a seemingly everchanging legal landscape. Ultimate software affordable care act compliance for. Aca software and services affordable care act compliance we are thrilled with the decision we made to use the passport software for our aca compliance. Greeshades software allows businesses to track information for the affordable care act, ensuring they stay compliant and avoid penalties.
The affordable care act aca requires a proactive approach to managing the workforce. We also want you to be armed with information on how to respond to the recent fines that the irs has been sending in response to aca violations. Most health care professionals are aware that the affordable care act mandates compliance programs for medicare and medicaid providers. Our aca compliance software includes a payroll software solution, and choosing to activate our optional payroll feature allows paychecks to be processed inhouse. From the affordable care act to the family medical leave act timeclock plus empowers you to stay ahead of labor law requirements. Three affordable care act coverage changes in 2017 under the final 2016 r. Aca track is dedicated solely to employer compliance. About matt ingold matt serves as benetechs director of business development. Hire chetus expert software developers they are experienced in implementing custom aca applications to meet your business requirements. The 12 things your payroll softwarecompany may not be telling you about the aca get a handle on the law. Affordable care act aca reporting is the single largest expansion of tax information reporting since the w2.
Affordable care act aca compliance software kronos. Simplify compliance, minimize the administrative burden, protect your company, and avoid costly penalties. For expert assistance on affordable care act compliance reporting and form 1095c preparation, turn to 1095ez online. Affordable care act the affordable care act has created a large tracking and filing requirement for employers. Affordable care act aca software passport software.
For a complete orientation to what an aca software vendor should do throughout the compliance process, download our ebook. Aca reporting essentials collects information about employer plans and coverage to populate irs reports. It provides the tools you need to effectively manage healthcare benefit compliance for both regular and variablehour employees, automate enrollment once they reach the eligibility threshold, and access both realtime and historical detail on aca status for individuals and the entire organization. Aca tracks proprietary software is designed to help large employers meet the requirements of the affordable care act and irs reporting. For information on the protections related to your employmentbased health plan or if you are looking for coverage, please visit our page for workers and families the affordable care act prohibits employers from retaliating against employees who report violations of the act s health insurance reforms, found in title i of the affordable care act. Aca compliance solutions for businesses syncstream. Aca compliance software that keeps your business compliant ahead of any rule changes. Simply provide us with the data we need, and our knowledgeable team will help ensure your returns are free of errors. Aca software affordable care act compliance california.
Choose this software if you want an allinone solution that will take care of every aspect of your affordable care act compliance checklist. Aca compliance software solution for employers integrity data. Cbi is committed to helping you fulfill these requirements. You can also compare your expenses based on three different scenarios. It sounds straightforward enough, but it is not always clear cut in the temporary staffing industry. The aca module supports proactive management of your aca compliance strategy across your workforce. Aca management and tracking are easy with our aca compliance and reporting software. Alleviate the stress of complying with the affordable care act with passports aca software. Aca compliance software affordable care act compliance.
Predelivered reports for identifying affordable care act aca compliance. Affordable care act the affordable care act aca is health care reform that affects employers who employ 50 or more fulltime employees throughout the calendar year. New affordable care act and medicaid regulations will require covered entities providing health care programs and services have accessible electronic information technology, including accessible websites. No preprinted forms are needed to print 1095 and 1094 forms.
Generate xml documents that customers can upload to irs site. Aca 1094 and 1095 reporting and compliance software. Birddoghr affordable care act aca compliance module powered by infinityhr is a cloudbased solution that saves hr teams time by using existing data to analyze employees, their benefits, compensation and demographics to effortlessly produce and send all 1094 and 1095 reporting to employees and the irs. This focus has made us an industry leader in variable hour tracking and irs reporting. Because the rules will continue to evolve, reading the relevant regulations today isnt enough. Mar 27, 2018 from its very genesis, the affordable care act aca has caused a headspinning change in regulations, forcing business owners to keep up with a seemingly everchanging legal landscape. While medicaid managed care plans have had to have a compliance plan in place for a while now, the affordable care act1, 2 requires all medicaid and medicare providers to have one too, once the department of health and human services establishes the required elements. This star rating of the post below was determined by two factors. The affordable care act is still a work in progress.
Complex rules and a lack of precedent make it difficult for hr managers and benefits administrators to be sure they are documenting employee information accurately and completing the required filings on time. Userfriendly graphic interface and windows menus make our software quick and easy to set up, use and understand. Affordable care act aca or colloquially obamacare, is a united states federal statute signed into law by president barack obama on march 23, 2010. My workforce analyzer even lets you model different scenarios to decide whether to pay penalties for non compliance or provide affordable health care. Get in touch with us today for more details or to get a quote. Aca 1094 and 1095 reporting and compliance software the affordable care act aca added 6055 to the internal revenue code, which provides that every provider of minimum essential coverage mec will report coverage information by filing an information return with the irs and furnishing a statement to individuals.
New healthcare regulations impose accessible technology. We would be lost without them and appreciate the time, effort and support they have provided along the way. Affordable care act compliance best practices july, 2014. We are offering software that will assist you in fulfilling your various aca obligations. Below are the latest guidelines and three changes to coverage in 2017. What to look for when selecting an aca software solution. Aca compliance software benefits passport software. Affordable health care act, temporary staffing, and compliance. The affordable care act, ppaca, health care reform, obamacare, insurance compliance, employer shared responsibility whatever your organization is calling it you need to take action now. Affordable care act cbi business services fargo nd. With ultipros aca toolkit, you can print or electronically distribute 1095cs to employees, as well as electronically file forms 1094c and 1095c with the irs. In this article we explore the four possible outcomes that may occur with regard to 2016 reporting. Fewer than half of all us companies are confident they are compliant with the affordable care act. And if that werent confusing enough, there are unanswered questions.
Affordable care act aca requires a proactive approach to managing the workforce and manage compliance with custom software. With automated tracking and reporting, you can ensure yearround compliance, manage insurance coverage, and compare and determine affordability. Aca management tool tax year 2018 reporting deadlines. You can view a summary of your annual expenses, including the cost of benefits, penalties, and taxes. Many regulatory details and standards have yet to be worked out. Affordable care act 2017 small business owners, employees and consumers are struggling to understand the coverage, networks, and costs in the new year. Greenshades software affordable care act compliance. Affordable care act aca compliance software passport. The affordable health care act weighs in, too, when it defines full time as 30 hours per week, hours per month, or 1,560 hours in a year. The election of president trump on wednesday morning created new complications and uncertainty in the already complex world of the affordable care act and, in particular, aca compliance in 2016.
The 12 things your payroll software company may not be telling you about the aca get a handle on the law. The affordable care act s been called by many names obamacare, health care reform, aca. With the automated reporting offered in our affordable care act software, hr teams can focus on their core responsibilities and meeting business objectives. Generate forms forms 1094 and 1095 are generated automatically within the aca compliance software. This can provide ongoing roi in as few as 6 months due to costsavings with an outside payroll service in addition to simplifying affordable care act data management yearround. Our software, aca ondemand, will be tailored to meet your needs and. Aca management tool demo is approximately 6 minutes in length and gives a general overview of the software features and benefits.