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Using ACA Tools. ACA Dashboard. ACA 2014. Muddled Maze Confusion. Questions Employers are Asking:. What is a “Full-Time Equivalent” employee? How do you define Full-Time employee? What is “affordable, minimum value” coverage? Who is included in offering “dependents” coverage?
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Using ACA Tools ACA Dashboard
ACA 2014 • Muddled Maze • Confusion
Questions Employers are Asking: • What is a “Full-Time Equivalent” employee? • How do you define Full-Time employee? • What is “affordable, minimum value” coverage? • Who is included in offering “dependents” coverage? • What is a “controlled group”, and does it effect me? • How and when is a tax triggered for me?
Benefits Professionals - Mapping Success • Road to Success • Three Key Steps • Starts Today
Impact Analysis & Scenario Modeling 1 • 1 • Applicable Large Employer Status • Review Scenarios and Model decision • Affordability • Potential Liabilities • Outline Key Decision Points
Decision Making & Documentation 2 • Make Decisions • Less than 25 FTEs, 25 to 50 FTEs and 50 Plus • Coverage • Measurement, Administrative & Stability Periods • Formal Plan Document • No Documentation No Plan
Plan Implementation & Monitoring 31 • Demonstrate Compliance • Measurement, Administrative and Stability Periods • Ongoing Salary, Ongoing Hourly, New Variable Hour • Monitoring, Tracking with monthly reporting to prepare for Annual IRS reporting and audits
ACA Dashboard Tracking and Monitoring in Real-time
Options • Employer Solution • Employer Sets up and Manages in House • Single Employer and Multi-Employer • Enterprise Solution • Professionals Manage for Companies • From Set up to Ongoing Reporting
Purchasing • ACA Decision Support Tool • NAHU website • Member Benefits • Annual Licensure • ACA Dashboard • Member Benefits • Employer Solution – based upon size and number of companies • Enterprise Solution – based upon the number of Companies and Company size for set up • Benefits Professional – opportunity for commission on reselling
SyncStream aca@Sync-Stream.com 877-291-9256