The past 3 months have been quite the roller coaster! Headlines have been dominated by the Trump administration’s push to repeal and replace the Affordable Care Act (ACA) or “Obamacare.” Republicans were hoping for action quickly and to that end, introduced a new piece of legislation called the American Health Care Act (AHCA). However, the push to repeal and replace ACA has stopped in its tracks with the withdrawal of the American Health Care Act (AHCA) this past Friday and the statement that ACA will remain the law of the land for the foreseeable future.
Businesses have understandably been in a holding pattern on any decisions around compliance with the ACA, specifically the Employer Mandate, the mandate requiring Applicable Large Employers to offer affordable and quality healthcare to their full-time employees and report on all that to the IRS. This recent news should lay any doubt to rest: for the foreseeable future – and that now means at least this year – it’s important for businesses to remain compliant with the existing ACA legislation.
Don’t Waste Time or Money Struggling With ACA Compliance
Since plans to repeal ACA are shelved for now, the existing ACA legislation remains fully intact and employers must remain compliant. However, this does not need to be painful or time-consuming. Deploy a comprehensive, yet simple, ACA Compliance solution and keep moving forward with your ACA obligations.
Deployed in the cloud, our ACA Compliance solution is implemented quickly so you can get back to work quickly. With no additional burden to your IT department, our solution is updated automatically behind the scenes, as the regulations and requirements change. It determines employee eligibility throughout the year and takes care of all IRS reporting at year-end. Better yet, our team of ACA subject-matter experts will provide educational materials, help desk support, monthly newsletters and user group sessions to keep you up-to-date with the latest IRS guidelines and other ACA changes. Users also gain Knowledge Base site access 24 hours a day, 7 days a week. You will have the support and information needed to remain ACA compliant and avoid possible costly penalties for noncompliance.
Don’t put your business at risk now while waiting for a possible repeal and replace of ACA in the distant future. Save valuable time and money today by being fully ACA compliant with the support of our ACA Compliance solution. Contact Integrity Data for more information about ACA compliance as it stands today.
By Integrity Data, ACA Compliance Solution Provider out of Illinois