Three Steps to ACA Compliance
Staying in compliance with ACA regulations can be a challenge. Start planning for ACA compliance now and solve these challenges with ACA reporting and compliance tools from Who’s Where. The ACA Dashboard is designed to provide continually updated ACA monitoring, reporting, and documentation. Learn more about each step in our process for ACA compliance. Click here to view ACA Overview.
Step One: Analysis & Modeling
Know where your organization currently stands, see how ACA will impact your business, and select an effective course of action.
- Determine applicable Large Employer Status
- Review scenarios and model decisions
- Know your potential liabilities
Step Two: Decision-making & Documentation
A sound plan of action – based on comprehensive analysis, along with documentation of your company’s strategy – can alleviate much of the complexity of ACA compliance. Make decisions with regard to…
- Measurement, Administrative & Stability Periods
Step Three: Implementation & Monitoring
Stay up-to-date and support the company plan through practical application and implementation of strategy. Once the plan is solidified, use the ACA Reporting Dashboard to monitor that your company is following ACA compliance for all applicable employees.
- Monitor ongoing salary, ongoing hourly, and new variable hour activity
- Track with monthly reports to prepare for Annual IRS reporting and audits
In-house solutions and typical payroll reporting cannot fully address the evolving complexity of the Affordable Care Act Reporting. Minimize your risk with the convenience of having ACA compliance documents at your fingertips.