It's ACA compliance software that does the heavy lifting — automatically.
Track Employee hoursduring specific measurement periods outlined in the law.
Manage changesin eligibility and part-time/full-time status.
Manage measurement periodsfor tracking employee hours.
Affordability testingfor Minimum Essential Coverage (MEC) and Minimum Actuarial Value (MAV).
Auto filingof IRS reports.
The 90-day Waiting Period:BeneTrac automatically manages these periods
so you stay within the law.
Analysis and Monitoring:track employee hours to determine eligibility.
Affordability Assessment:We use all three affordability safe harbors
to compare your current health insurance coverage
data against your full-time employees' wage data.
W-2 Reporting:We speed up the calculation of the true monthly premiums
to avoid year-end surprises and costly reconciliations.
Summary of Benefits and Coverage:(SBC) documents made available to
enrollees, beneficiaries, and participants
Declined Benefits Reporting:BeneTrac provides a system-generated
report to help clients track employees getting coverage elsewhere.