ACA Reporting
ACA Compliance Lessons Learned From Recent Reporting Seasons
Common themes emerge when reflecting on recent ACA reporting seasons that can help employers reduce administrative burdens and improve accuracy.
ACA Reporting
End-of-Year Reminder: Entering Hours for ACA
It's important for employers to ensure that all employee hours are accurately captured for ACA compliance.
Simplify ACA Reporting with Our Affordable and Accurate Solution
In the last quarter of the year, it’s important for employers to ensure that all employee hours are accurately captured for Affordable Care Act (ACA) compliance. Employers are required to offer minimum essential, affordable health coverage to their full-time employees or face potential tax penalties. Determining whether an employee qualifies as full-time is a key component of ACA compliance, and proper tracking of employee hours is essential in this process.
BAS’ ACA data collection and reporting service provides an easy and efficient way to track employee hours for ACA compliance. Key features of the ACA hours upload tool include:
- ** **Error Reports: Easily accessible, clear error reports to quickly identify and address any issues.
- ** **Fix Import Errors: A downloadable file for correcting errors in the import process.
- ** **Dark Mode: A user-friendly dark mode option for easier viewing.
- ** **Import History: Quick access to your file import history for tracking past uploads.
- ** **Real-Time Status Updates: Immediate visibility on the status of the file upload process.
Additionally, users can opt to receive email notifications when a file is uploaded, eliminating the need to wait for the file to finish importing. BAS also offers a training video to guide users through the file upload process and ensure a seamless experience.
For more information on tracking employee hours or using the ACA reporting tool, please contact your account manager or email solutions@BASusa.com.
Benefit Allocation Systems (BAS) provides online solutions for: Employee Benefits Enrollment; COBRA; Flexible Spending Accounts (FSAs); Health Reimbursement Accounts (HRAs); Leave of Absence Premium Billing (LOA); Affordable Care Act Record Keeping, Compliance & IRS Reporting (ACA); Group Insurance Premium Billing; Property & Casualty Premium Billing; and Payroll Integration.
MyEnroll360 integrates with major insurance carriers for enrollment eligibility management (e.g., Blue Cross, Blue Shield, Aetna, United Health Care, Kaiser, CIGNA and others), and with leading payroll platforms for enrollment deduction management (e.g., Workday, ADP, Paylocity, PayCor, UKG, and others).
This article is for informational purposes only and is not intended as legal, tax, or benefits advice. Readers should not rely on this information for taking (or not taking) any action relating to employment, compliance, or benefits. Always consult with a qualified professional before making decisions based on this content.
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