Monthly Actions

16 10, 2018

Let’s Look At The Most Common 1095-C Coverage Scenarios

2018-10-17T08:11:43+00:00October 16th, 2018|0 Comments

KB14-087 Please review the most common coverage scenarios below. Full-Time Employee: Enrolled All Year In this example, the employee was offered & enrolled in a minimum essential coverage with minimum value for all twelve months AND the lowest-cost, self-only plan cost increased in the month of June due to it being a mid-year plan. Line [...]

17 05, 2016

Monthly Requirements for ACA Eligibility Reporting

2018-04-26T09:56:28+00:00May 17th, 2016|0 Comments

KB14-039 You are correct in that you do need to bring in certain information monthly in order to notify our system of new hires and terminations, and then let the system do its eligibility reporting accordingly. This is important because you need to know when a Part Time employee that was a new hire has completed their [...]

10 11, 2015

Information Needed to Import for the ACA Compliance Solution

2018-04-27T16:39:16+00:00November 10th, 2015|0 Comments

 KB14-014 ACA Compliance Solution - Hosted/Cloud import information Excel Templates: Employees  Transactions Dependents The system requires employee and transaction data to be imported. If your organization is self-insured, then you will need to import the dependent information as well. If your organization is fully insured, the dependent information is not required. Click Here To download sample files, [...]

27 08, 2015

Monthly Tracking for 1095-C Compliance

2018-10-02T11:59:54+00:00August 27th, 2015|0 Comments

KB13-036 At the minimum, in order to populate IRS Form 1095-C for all of your ACA-defined full-time employees, you must keep: Monthly records of every employee’s hours of service Monthly records of the coverage offered to every employee Monthly records of the attributes of the coverage offered The tracking listed above is what’s needed for [...]