Avoiding Affordable Care Act (ACA) penalties can make or break a company’s bottom line — especially for self-funded employers. One of the costliest mistakes under the ACA is failing to meet the 4980H(a) employer mandate, which requires that at least 95% of full-time employees are offered minimum … [Read more...]
Fix ACA Compliance Gaps Before They Become Big Problems
For self-funded employers, ACA compliance isn’t just another HR chore — it’s a legal must with real financial risks. Over the past year, the IRS has been sending out more 226J letters than before, hitting many employers who thought they were doing everything right. When you’re self-funded, you … [Read more...]
What does it mean to be an applicable large employer?
What Does It Mean to Be an Applicable Large Employer (ALE)? Navigating the Affordable Care Act (ACA) can be complex, especially when it comes to understanding your company’s obligations. One of the foundational concepts in ACA compliance is the designation of an Applicable Large Employer, or ALE. … [Read more...]
Decoding ACA Codes for Form 1095-C: A Comprehensive Guide
For employers subject to the Affordable Care Act (ACA), completing Form 1095-C accurately is crucial to maintaining compliance and avoiding costly penalties. At the heart of the form are Series 1 and Series 2 codes, which provide the IRS with essential details about the health insurance coverage … [Read more...]
What Defines a Full-Time Employee Under the ACA?
Determining who qualifies as a full-time employee under the Affordable Care Act (ACA) is more complex than it appears. However, getting this calculation right is crucial because it determines whether an organization qualifies as an Applicable Large Employer (ALE). ALE status is the key to … [Read more...]
