ACA Compliance Solution
Integrated, Automated, and Compliant
Trackforce Valiant has developed a fully integrated ACA compliance solution, enabling users to track and manage ACA eligibility in real-time. Set eligibility rules, get notified in real-time when employees come up for benefits, and automatically populate reports for meeting compliance – in one solution!
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Healthcare and medical coverage is a benefit for employees, providing them with the level of care they need, and giving them affordable options when seeking medical care. With the Affordable Care Act (ACA) enacted in 2010, companies employing more than 50 Full Time Employees (FTE) are required to provide some form of medical insurance for employees.
For many organizations, tracking these requirements is often manual and cumbersome, and prone to risk of errors, which can result in enormous penalties and fines:
For many organizations, tracking these requirements is often manual and cumbersome, and prone to risk of errors, which can result in enormous penalties and fines:
Seamlessly Managing Eligibility and Enrollment
Our purpose-built benefits management software allows for simplified ACA compliance solutions. As employees become eligible for healthcare plans, our software tracks these changes to allow employees to self-select their plan, meeting ACA aka Obamacare compliance requirements. Key Features Include:
Real-Time Tracking
ACA Compliance is connected directly to your Valiant payroll management, and compiles this data with ACA eligibility.
Eligibility Rules
Set unique business rules for Full Time eligibility and part time eligibility and track based on employee type
Eligibility Alerts
Get automatically notified when employees are eligible for benefits, and take action.
Integrated Reporting
Automatically generate compliance reports for meeting IRS requirements