ACA COMPLIANCE


2017

ACA COMPLIANCE



Year after year, change is inevitable. But it’s also hard to keep track of every rule change, every year. Luckily for you, we stay ahead of the game and have the processes in place to keep you compliant.
DASHBOARD


| Ensure your compliance at all times with a quick glance at the dashboard
| Check on your ALE status with this count of full time equivalent employees
| Toggle your graphs between a visual bar and a numerical breakdown – whichever way you want to see your data
STANDARD MEASUREMENT PERIOD


| Get real-time updates on full and part time statuses of your employees
| Check our automatically generated list of employees who might have changes to their status
| Make changes manually, or let our smart system change your employee’s status for you
ELIGIBILITY STATUS


| Click on a widget to drill down into the data behind the visuals
| Get even more details by clicking on each month
| See exactly which employees are behind the numbers and access their profiles

2015/2016/2017 Comparison

Here's a quick look at ACA regulation changes from 2015 to present.


2015

The lookback period to determine Applicable Large Employer (ALE) status for 2015 can be anywhere between 6-12 consecutive months in 2014.
Employers with 100 or more full-time and full-time equivalent employees must offer health insurance to full time employees.
ALEs must offer Coverage to employees but not dependents if dependents had not been previously offered coverage and the employer takes steps in 2015 towards offering dependent coverage.
ALEs must offer coverage to at least 70% of full-time employees in order to avoid the 4980H(a) sledgehammer penalty.
ALEs subject to the 4980H(a) sledgehammer penalty can disregard their first 80 full-time employees when calculating the penalty.
The amount of the 4980H(a) penalty is $2080 per employee per year.
The amount of the 4980H(b) tackhammer penalty is $3120 per employee per year.
In 2015, a conditional offer of insurance to a spouse was reported as a regular offer.
2016

The lookback period to determine ALE status for 2016 and all future years is the full 12 months of the prior year.
Employers with 50 or more full-time and full-time equivalent employees must offer health insurance to full time employees.
ALEs must offer coverage to the employee and his/her dependents up to age 26.
ALEs must offer coverage to at least 95% of full-time employees in order to avoid the 4980H(a) sledgehammer penalty.
ALEs subject to the 4980H(a) sledgehammer penalty can disregard their first 30 full-time employees when calculating the penalty.
The amount of the 4980H(a) penalty is $2160 per employee per year.
The amount of the 4980H(b) tackhammer penalty is $3240 per employee per year.
In 2016, a conditional offer of insurance to a spouse must be reported separately.
2017

The lookback period to determine ALE status for 2016 and all future years is the full 12 months of the prior year.
Employers with 50 or more full-time and full-time equivalent employees must offer health insurance to full time employees.
ALEs must offer coverage to the employee and his/her dependents up to age 26.
ALEs must offer coverage to at least 95% of full-time employees in order to avoid the 4980H(a) sledgehammer penalty.
ALEs subject to the 4980H(a) sledgehammer penalty can disregard their first 30 full-time employees when calculating the penalty.
The amount of the 4980H(a) penalty is $2260 per employee per year.
The amount of the 4980H(b) tackhammer penalty is $3390 per employee per year.
In 2017, a conditional offer of insurance to a spouse must be reported separately.
Viventium is dedicated to keeping you informed of the latest payroll developments and assisting you with understanding the ever increasing government regulations. This information is not intended as tax or legal advice. We encourage our readers to consult their tax and law advisors.
Viventium was instrumental in helping my company become ACA compliant this past year. After I listened to one of Viventium’s webinars on ACA compliance and reporting requirements, I realized we weren’t doing enough. Viventium’s extremely helpful and responsive service alleviated a huge stress from my shoulders.
ASHER BRUCKNER
LUCILLE ROBERTS HEALTH CLUBS

How The Affordable Care Act Applies to You in 2016



For the year 2016, employers with 50 or more full-time employees or equivalents must offer health coverage to full-time employees and file Forms 1094-C and 1095-C with the IRS. Filings are due to the IRS in the first quarter of 2017, and a copy of the 1095-C must be distributed to each employee by January 31, 2017.

Employers who fail to offer health coverage and file Forms 1094-C and 1095-C may be subject to IRS penalties.


Are You an ALE in 2016?



To determine ALE status during the current year, employers use a lookback period during the prior year. If an employer has on average 50 or more full-time employees, including full-time equivalents, during the 2015 lookback period, the employer is an ALE for 2016.

Learn more about the Affordable Care Act by visiting our ACA FAQ page. ACA regulations impose many new requirements for employers in 2016.


A Complete Solution



Viventium’s ACA solution keeps you on top of your compliance, delivering live ACA data throughout 2016. At the beginning of 2017, Viventium will prepare and file Forms 1094-C and 1095-C on your behalf.


Viventium’s ACA solutions



Calculate full time and full time equivalents to determine Applicable Large Employer (ALE) status
Track offers of coverage and affordability on a month by month by basis
Alert you to any missing offers or if an offer becomes unaffordable
Calculate and track full or part time status of each employee to determine who must be offered health coverage
Provide a preview of Forms 1095-C to review and approve before production
Produce 1095-C employee copies and e-file Forms 1094-C and 1095-C with the IRS
Intuitive Design Anyone Can Use


PRODUCT TOUR