Payville USA

Affordable Care Act - Form 1095c

   

Employers with fifty (50) or more full-time ( including full-time equivalent ) employees use Forms 1094-C and 1095-C to report the information required under sections 6055 and 6056, about offers of health coverage and enrollment in health coverage for their employees.

Form 1095-C is used to report information about each employee. In addition, Forms 1094-C and 1095-C are used in determining whether an employer owes a payment under the employer shared responsibility provisions under section 4980H. Form 1095-C is also used in determining the eligibility of employees for the premium tax credit.

Employers that offer employer-sponsored self-insured coverage also use Form 1095-C to report information to the IRS and to employees about individuals who have minimum essential coverage under the employer plan and therefore are not liable for the individual shared responsibility payment for the months that they are covered under the plan.

• Click [HERE] to Preview the 1095C Form.

Affordable Care Act - Reports

We offer a comprehensive suite of reports for the Affordable Care Act.

1. ACA FTE Multi-Client Report helps you determine if you are an "Applicable Large Employer" (ALE).
   • Single and multi-client reports that will help to determine whether the combined full time employees and full time equivalent employees qualifies the company to be an ALE
   • If you are an ALE, then next step is to determine which employees are eligible with the Eligibility Analysis Report.
   
2. ACA Eligibility Analysis Report
   • This report makes it easy to determine which employees are eligible, with the following criteria:
     Filters Measurement Period, Stability period, and Date-of-Hire.
     Use Date Ranges to find Employees that require healthcare.
     Review newly hired employees in comparison with ongoing employees.
   
3. Inactive Employee Report
   • Indicates which employees have been inactive for a period of time.
   • Shows current status codes: Active, Seasonal, Suspended Leave of Absence, Military Leave or FMLA that do not have any payroll data for time period selected.
   • Works in conjunction with ACA Rule of Parity Report.
   
4. ACA Rule of Parity
   • Final report that helps you determine which employees require healthcare.
   • Also helps determine whether a rehired employee can be treated as a new hire, based on the length of their break in service.
   • If the break in service is at least four (4) weeks and the original service period was greater than the break in service, then the "Rule of Parity" is applicable.

The New ACA Law Affects EVERYONE!

Under the Affordable Care Act, applicable large employers – those with 50 or more full-time employees, including full-time equivalent employees – are required to take some new actions. These employers must file information returns with the IRS and also provide statements to full-time employees about health coverage the employer offered or to show the that employer did NOT offer coverage. Information reporting was voluntary for calendar year 2014. All applicable large employers are required to report health coverage information for the first time in early 2016 for calendar year 2015 and following.

Are You Prepared...

If you are NOT already doing these steps listed below, you could receive fines or penalties from the IRS !!!

• Is your organization an "Applicable Large Employer" (ALE)
• Are you offering health insurance coverage to your full-time employees and their dependents
• Have you identified who your full-time employees are for each month
• Are you tracking coverage information for all of the current calendar year, to help complete the new IRS Forms

You May Have To...

• Report information to the IRS.
• Issue Form 1095-C to your Employees.
• Issue Form 1094-C to the IRS.

If You Choose to OPT-OUT...

By opting out of Payville USA's ACA Solution Package, you acknowledge that you will NOT BE RECEIVING any of the following services and you also understand that there may be substantial penalties and fees assessed by the IRS

• ACA Informational Webinars provided by certified human resource professionals
• Access to the H/R Support Program online resource
• H/R Support Program On Demand (HROD): a 24/7 email and phone service, supported by certified H/R Specialists
• An assigned Client Implementation Coordinator
• A comprehensive suite of ACA Reports
• Full preparation and filing of required 1094/1095 C forms with the IRS

• Click [HERE] to learn more about  PENALTIES AND FEES OF NON-COMPLIANCE

   

By choosing to Opt-Out of this ACA Solution Package, I understand Payville USA will not be collecting, providing, reporting or filing any information regarding the Affordable Care Act (ACA) for my organization. Additionally, they will not be responsible for any penalties, fees or charges incurred by my organization regarding the Affordable Care Act.

If you wish to continue to [OPT-OUT] of this service, Click on the [Opt-Out] button on the right. This will generate an email message to Payville USA. Remember to supply us with your full name, telephone number and company number assigned to you from Payville USA.