Affordable Care Act Update

June 6, 2013 | By SBS Payroll, Inc. 0 Comments

In this Affordable Care Act (ACA) update, you will find helpful information regarding our alliances with various Benefit Brokers, a new tool available through our HR Support Center, and upcoming reports and webinars that will prepare your business for the Affordable Care Act implementation effective January 1, 2014.

Benefit Brokers

Whether your business is large or small, we’ve got you covered. SBS Payroll partners with numerous Benefit Brokers that can help you with ACA compliance. Our broker relationships allow us to exchange your payroll data with your health insurance provider, ultimately streamlining your ACA reporting requirements, and reducing your HR and payroll department’s overhead labor.

Let our relationships with Benefit Brokers work for you. Contact us to get in touch with one of our preferred Benefit Brokers to start preparing for and complying with the ACA.

HR Support Center

SBS just released an invaluable tool through our HR Support Center service: the Healthcare Reform Acts Summary Sheet. This resource provides explanations and deadlines for the following hot Healthcare Reform topics:

  • Individual Mandate
  • Employer Mandate
  • Notice of Exchanges and Subsidies
  • Reporting Requirements
  • FAQs

Current HR Support Center users

Visit the HR Support Center, “Benefits” tab on the “Health Care Reform” page to download the Healthcare Reform Acts Summary Sheet.

If you are not an existing HR Support Center user, you can test drive the HR Support Center for free for 30 days and become a fan.

Contact us to setup your free 30-day trial. Once the trial ends, this resource is just $7/ month. You can also access UNLIMITED additional help with HR On Demand, which includes unlimited HR consultations and unlimited HR document customization with live HR professionals for an additional $24.95/ month.

ACA Reporting

A new standard report will soon be available within our payroll platform that will allow you to calculate your Full Time Equivalent employees for the look-back period, and other ACA reporting purposes. Please stay tuned for special release notes once this Report is published.

Additional ACA reporting tools are scheduled for release this month, and SBS will continue to keep you informed as they become available.

Webinars

SBS will be hosting webinars with insurance experts to answer your ACA questions this summer. The dates will be announced soon, so look for future blog announcements

with futher information on how SBS can help you with ACA compliance.

Contact us at 855-591-9864 or info@sbspayroll.com.



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