Age banded setups are easily tracked in the ACA Cloud Solution and the 1095-C Part II will reflect accurately for each employee taking a particular band. Age Banded simply means that for different ages of the employee there is an incremental increase in the monthly health deduction. For example single employees between age 20 and 29 are offered a plan costing $95.00 per month. An employee from 30- 39, the cost is $150.00. An employee between 40 and 49, the cost is $210.00 and the cost over 50 years of age is 290.00.
Each of these plans would have a different plan name with the upload. For example: HEALTH20, HEALTH30, HEALTH40, and HEALTH50. You will then set up the ACA Plan accordingly for each band offering, as the example for two of the four below.