Benefits of ACA Full Service Management
Hello again,
This post is for Applicable Large Employers (ALEs) required to comply with the Affordable Care Act. We hope you find it useful.
Both ACA software and Full Service Management assist Applicable Large Employers in adhering to the Affordable Care Act, yet they provide varying degrees of assistance.
Passport Software’s comprehensive Affordable Care Act software provides tools to help you simplify filing and manage compliance throughout the year.
Our IRS-certified software reduces manual effort and potential errors:
– Easily and accurately prepare and file required forms like 1094-C and 1095-C
– Securely store employee data with easy access in case of an IRS audit
– The software provides status updates for proactive monitoring
You may want to consider Passport Software’s ACA Full Service option if you prefer to turn over the entire process to an expert or have limited in-house resources.
Outsourcing Compliance
Outsourcing Affordable Care Act compliance management eliminates the burden of year-round data management and filing. Passport Software’s experts can help you avoid costly penalties and answer any questions you have about how to maintain compliance.
Our experts can identify potential non-compliance issues before they result in errors, and we also provide penalty response consultation services. We’ve helped many companies avoid or drastically reduce penalties.
Freeing yourself from time-consuming and burdensome ACA-related tasks allows you to focus on other important duties.
We can manage multiple EINs, and handle challenges related to tracking part-time, variable-hour, seasonal, or temporary employees.
– Avoid employee misclassification
– Track part-time employees trending towards full-time
– Manage offers of coverage and ensure affordability
– Consolidate hours of staff working at multiple locations
– Monitor employees with fluctuating hours, seasonal, temporary, and re-hired employees
Our Full Service option helps ALEs offer health coverage that meets the requirements for minimum essential coverage, affordability, and minimum value. It provides timely and accurate filing of Forms 1094-C and 1095-C to avoid penalties for late or inaccurate reporting.
Our experts understand how to navigate the complexity of Affordable Care Act regulations, minimizing the risk of costly penalties due to errors and non-compliance.
The Full Service option can significantly reduce the risk of costly penalties and eliminate the headache of year-round data tracking and filing.
To learn more about how our ACA software and services can ease the burden of compliance, call 800-969-7900. Or, contact us – we are here to help.