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:
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 best-in-class, 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 can Integrate with any insurance carrier for enrollment eligibility management (e.g., Blue Cross, Blue Shield, Aetna, United Health Care, Kaiser, CIGNA and many others), and integrate with any payroll system for enrollment deduction management (e.g., Workday, ADP, Paylocity, PayCor, UKG, and many others).