The Affordable Care Act (ACA) has employers’ hearts racing as they face a variety of new compliance issues impacting health benefits, administrative processes, reporting responsibilities and employee staffing. Even though several ACA regulations are already in effect, employers will continue to be impacted by challenging new requirements in the years to come.
Guide
The Affordable Care Act HR Technology Guide
Key Takeaways
- Under the Affordable Care Act (ACA), employers with at least 50 or more full-time employees in the prior calendar year are required to provide affordable and adequate insurance coverage to full-time employees and their dependents or face possible penalties.
- By using one system of record for all HR, payroll, time and attendance and benefits information, health care organizations are in a better position to comply with the ACA’s tracking and reporting obligations.
- The right HR software enables health care organizations to simplify benefits administration and enrollment processes and improves communication with employees and carriers.
To learn more, download the The Affordable Care Act HR Technology Guide guide.
Key Takeaways
- Under the Affordable Care Act (ACA), employers with at least 50 or more full-time employees in the prior calendar year are required to provide affordable and adequate insurance coverage to full-time employees and their dependents or face possible penalties.
- By using one system of record for all HR, payroll, time and attendance and benefits information, health care organizations are in a better position to comply with the ACA’s tracking and reporting obligations.
- The right HR software enables health care organizations to simplify benefits administration and enrollment processes and improves communication with employees and carriers.