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Back to the Basic | ACA Blogs
Understanding the importance of which workers qualify as full-time, part-time, temporary, and seasonal under the Affordable Care Act (ACA) will keep you in compliance when calculating their benefits coverage and offers of coverage throughout the year.
How can you properly keep track of and calculate employees’ hours correctly to stay compliant with the ACA? We answer some frequently asked questions related to correctly calculating employee hours and provide some expert best practices to keep your company in compliance.
Full-Time, Part-Time, and Temporary Employees: Understanding the ACA’s Definition for Compliant Reporting
Halloween hasn’t passed and yet box chains are already stocking up on Christmas decorations, which means the holiday season is here while business owners are hiring thousands of seasonal workers to accommodate increased demand, some employers — like those in retail and hospitality — might not realize that seasonal workers can have serious consequences for Affordable Care Act (ACA) compliance.
Affordable Care Act Terminology 101 | Understanding Basic ACA Terms
Regarding ACA compliance, understanding the Safe Harbor provisions is key to managing the affordability of your employees' healthcare coverage. Employers can utilize three types of ACA Safe Harbors to ensure at least one of their healthcare plans meets affordability standards. Here’s a summary of each safe harbor.
The Internal Revenue Service (IRS) has released Rev. Proc. 2024-35, which contains the inflation adjusted amounts for 2025 used to determine whether employer-sponsored coverage is “affordable” for purposes of the Affordable Care Act’s (ACA) employer shared responsibility provisions and premium tax credit program. As shown in the table below, for plan years beginning in 2025, the affordability percentage for employer mandate purposes is indexed to 9.02%. This is a slight increase from 2024. Employer shared responsibility payments are also indexed and decreased for the first time in 2025.
Back to the Basics | On-Demand Webinars
This webinar recording will highlight strategies to mitigate compliance risks, streamline administrative tasks, and submit 1094/1095 B and C forms to the IRS promptly where we will provide you with the latest updates and essential information to ensure your organization is fully prepared for ACA reporting in 2024.
Watch this insightful webinar as we will provide a foundational understanding of Measurement Periods and how they are used to determine eligibility for health coverage under the Affordable Care Act (ACA). We'll explore the concept of Measurement Periods, including Standard Measurement Periods and Initial Measurement Periods, and discuss how they apply to different categories of employees. Participants will learn how to calculate employee hours, determine full-time status, and navigate the eligibility requirements for offering health coverage to employees.
Let's delve into the various types of ACA plans, providing a comprehensive overview of Minimum Essential Coverage (MEC), Minimum Value (MV), Individual Coverage Health Reimbursement Arrangement (ICHRA), and Age Banded plans. This webinar is perfect for anyone whether you're new to ACA compliance or looking to refresh your knowledge.
The Affordable Care Act (ACA), can be a confusing topic for many people, especially those who work for Applicable Large Employers (ALE). However, it is important to understand the basics of the ACA to ensure compliance and avoid IRS penalties. Sean Cooper, HRlogics' ACA Corporate Trainer will provide an overview of the essential details!! Check out the webinar now!
Let's revisit the fundamentals with the first part of our ACA webinar series. We will delve into ACA compliance for seasonal employees, addressing various employee classifications. Be prepared to handle full-time, part-time, and temporary staff effectively before the summer rush.
We invite you to watch our on-demand webinar session where we go back to the basics of ACA Reporting. This is essential as you begin 2024 reporting. We will discuss the important topics below.
Glossary of ACA Terms
Our glossary provides a comprehensive list of key terms and definitions related to the Affordable Care Act (ACA). The glossary is organized alphabetically, making it easy to find the term you are looking for.
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