Mark Your Calendar!
CMC Consulting, LLC July Webinar: ACA Management Tool®
July 20, 2016 11:00 am & 2:00 pm EDT
Register FREE! Click Here
The adoption and implementation of the Shared Responsibility for Employers Regarding Health Coverage, under section 4980H of the Internal Revenue Code, raised complex questions for employers:
“Are we an Applicable Large Employer?”
“How many hours are our variable hour employees working?”
“Are we required to offer Minimum Essential Coverage?”
“Who will be doing our reporting?”
The ACA Management Tool® provides employers with Tracking, Reporting and Analysis tools all in one easy to use package, giving them the Control and Knowledge they need to navigate the complex ACA maze. The ACA Management Tool® integrates easily with any type of scheduling, payroll, or HRIS software. It creates a business opportunity for Third Party Administrators (TPAs) to assist their employer clients with the necessary Tracking, Reporting and Analysis. TPAs can use the ACA Management Tool to enhance their existing client service offering, thus serving as a true partner in the collection of data, analytics, and filing requirements.
Whether the TPA maintains complete control or private labels the product for their client’s own use, once integrated, the TPA or the employer can quickly and easily determine if “Applicable Large Employer” status applies, monitor employee hours and determine which employees qualify for coverage, record offers of coverage & track responses, track dependent coverage information, provide reports with pertinent information automatically to designated staff, and generate the necessary IRS forms for reporting.
Minimum Essential Coverage (MEC) forecasts, offers, and responses
Company & Individual Measurement Periods
New Hire Status & Eligibility
Measurement Period Thresholds
Automated alerts for “at-risk” employees
Generate reports for employees and the IRS required under section 6055/6056
Applicable Large Employer (ALE) status
Full-time employees & Full-time equivalents
Affordability of Minimum Essential Coverage (MEC)
Establish customized employee categories: salaried, hourly, union, and/or by division
Customize Measurement Methods for each employee category (Look-back or Monthly)
Customize Standard Measurement Period for each Look-back Method employee category
Gain insight into operating resources
Understand the Patient Protection and Affordable Care Act (PPACA)
Understand compliance status with section 4980H and forecast potential penalties
Please join us on Wednesday, July 20th at 11:00 am EDT (10:00/9:00/8:00) or 2:00 pm EDT (1:00/12:00/11:00) for an ACA Management Tool® webinar showcasing how you can make 2016 reporting seamless for your clients and develop a business opportunity to generate revenue for your bottom line.
Register FREE! Click Here