FAQ
The Affordable Care Act (ACA), often known as Obamacare, is a federal law that requires certain employers to offer health insurance to full-time employees and report that coverage to the IRS.
ACA reporting is the process of submitting detailed employee health coverage information to the IRS, typically using forms 1094-C and 1095-C, to demonstrate ACA compliance.
ACA compliance means following all legal requirements under the Affordable Care Act, including offering minimum essential coverage, tracking hours, managing employee eligibility, and meeting all ACA reporting requirements.
ACA certification refers to employer verification of compliance with ACA standards and successful IRS submissions — often facilitated through ACA reporting software or ACA compliance consulting.
This refers to the type of health insurance coverage an employer must offer to avoid penalties under the ACA — including most job-based plans and some individual market plans.
Failing to offer health coverage to full-time employees, offering unaffordable or inadequate plans, or failing to file accurate ACA reporting may result in penalties.
We recommend reviewing your ACA compliance processes quarterly and conducting a formal audit at least once per year, especially before IRS filing season.
Andrii Svyrydov
Founder / CEO / Solution Architect
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