Rising healthcare costs spell trouble for both employees and your business. Managing multiple healthcare providers, confusing bills, and growing medical debt puts great financial stress on employees. In turn, employees become distracted, less productive, and absenteeism rises. How do you help employees manage healthcare costs? Meet HooPayz. This simple, yet powerful, solution will reduce health [...]
Updated 12/4/2018 IRS has extended 1095-C deadline and Good Faith Effort relief. Read more here. Historically, the IRS has provided relief to US employers with regards to ACA compliance by: Allowing a “good-faith effort” as it relates to ACA Form 1095-C provided to employees and the IRS. Extending the filing deadline for providing forms to [...]
Despite all the efforts to repeal the Affordable Care Act (ACA), employers should know that the ACA employer mandate remained in full force in 2018 and for now, will remain so in 2019 and beyond. A key component of that employer mandate is offering affordable healthcare coverage to eligible full-time employees. Affordable Healthcare Coverage Defined [...]
Financial wellness is not a one-time event. It takes years of focus and education, along with the right accounts, tools, and services, to end financial fragility and turn a paycheck-to-paycheck lifestyle in habitual savings. While workers in a wide range of industries and roles tap into PayActiv to get timely access to their earned wages [...]
As the owner or manager of a business, it’s easy to duck and cover when it comes time to discuss payroll needs. You’ve given human resources and the payroll team the autonomy to manage payroll in any way they know how, but nothing comes easy. Changing legislation, complex payroll processes and incorrect leave balances upset [...]
Truth is: The Affordable Care Act (ACA) reporting requirements are burdensome. Getting your 1095-Cs right can be stressful. Integrity Data’s Compliance team, in the trenches since 2012, has put together this primer to help you ensure you have accurate 1095-C forms. Lines – Lines – Lines: What do they mean? Line 14 [...]
Keeping up with the many rules and regulations of the ACA can be challenging for any employer. It can get particularly challenging to understand COBRA rights and how to properly report a continuation of coverage on Form 1095-C. We will discuss a few of the more confusing COBRA scenarios and how they should be coded [...]
Over the past few years, our ACA Compliance team has received many questions around ACA compliance and most of the time, we are able to answer them quickly based on clear guidance given by the IRS, legislative information and/or court rulings. However, there have been questions that are harder to answer, for example: “How is [...]
Hurricanes, fires, and other natural disasters strike American cities every year. The recent landfall of Hurricane Florence led to extreme devastation and flooding in the Carolinas, Virginia, and surrounding areas where over 1 million residents were ordered to evacuate ahead of the storm. While many displaced individuals and families have no problem paying for a [...]
Updated 12/4/2018 There has been much to do around the Affordable Care Act: from passing the law under President Obama, to trying to repeal the law under President Trump. This has left many people confused as to where we are at now – what is the current status of the ACA? The short answer is: [...]