Practical perspectives on matters of Affordable Care Act compliance

The ACA in action series

Although 2020 marks the fifth consecutive reporting cycle for the Affordable Care Act (ACA), the filing process has not become any less confusing, stressful or complicated. The confusion associated with ACA reporting paired with the continual impact of the coronavirus pandemic could leave many organizations unaware of noncompliance. For example, many organizations may overlook how strategies for reducing a workforce can potentially impact ACA compliance. A furloughed employee, who is moved to COBRA continuation coverage due to a reduction in work hours, may put an organization at risk for a 4980(H) penalty, if that employee was deemed full-time through ACA’s measurement of hours.

In the ACA in Action article series, Eric Pochas, a certified ACA professional from Baker Tilly Vantagen, helps organizations navigate these complicated aspects of ACA compliance, outlines reporting changes and provides tips and tricks to file on time without penalty.

Download Baker Tilly Vantagen’s whitepaper to read all four articles and learn more about the following topics:

• What has and hasn’t changed with ACA reporting in 2020
• Common filing mistakes
• Noncompliance penalties and hidden costs
• Why it is important to take compliance seriously now