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DON’T LET ACA “FULL-TIME” RULES TRIP YOU UP
February 12, 2015 @ 2:00 pm - 3:00 pm
Chernoff Diamond 2015 Webinar Series –
The ACA continues to roll out – the employer mandate has begun (with some exceptions) and reports to the IRS and employees for 2015 require the ability for applicable large employers to properly categorize, capture and classify an employee’s status and healthcare coverage on a monthly basis. The rules are quite complex and certain mistakes may be costly. You might think that your payroll and/or HRIS vendor has everything under control; however employers bear the responsibility when things stray off course because of detours that may be encountered.
In this first webinar for 2015 we will review some challenges the ACA may present (and how to avoid potential pitfalls) as you prepare for the new reporting requirements. This session will help you answer such questions as:
- Are you properly tracking hours of service for hourly paid and non-hourly paid (e.g. salaried) employees?
- What measurement method are you using to determine an employee’s full-time status (hint: Monthly Measurement or Look-Back Measurement) and do you understand how you may apply these methods to various categories of employees?
- How is “full-time status” impacted (and reported) during a leave-of-absence, increase or decrease in regularly scheduled hours, or when an employee experiences a break-in-service (and when may COBRA need to be offered)?
- What changes can you make to your Section 125 “change-in-status” rules?
- Do your policies or handbooks need to be modified to reflect the new world of ACA “full-time” employees?
The answers may surprise you!
Be sure to Stay Tuned and look for future broadcasts in our Webinar Series on such topics as: Keeping Up with Technology and the Electronic Distribution Rules; Strategic Planning with the Cadillac Tax in Mind; Getting Ready to Report – an In-Depth Look at the New ACA Reporting Requirements and What the Supreme Court Ruling on the ACA Subsidies Means for the Future of the ACA*
Ralph A. Sepe is a Partner in both the Health & Benefits and Transaction Services divisions. Mr. Sepe’s role is to understand clients’ short and long term objectives, then to work closely with the firm’s internal and external resources to develop a customized benefits program that meets each client’s business, financial and competitive requirements. Having over 20 years’ experience in the industry affords Mr. Sepe the knowledge and expertise necessary to not only develop a truly unique benefits program for each client, but also the ability to organize the resources needed to implement and maintain a successful program that exceeds client expectations.
Jill Bergman, CEBS, is Vice President of Compliance in the Health & Benefits division. As a Certified Employee Benefits Specialist®, Ms. Bergman monitors federal and state-level employee benefit plan legislation and regulations to help clients understand and comply with the ever-changing health and welfare plan requirements as well as continuing to closely watch and report on the progress of healthcare reform implementation under the Affordable Care Act (ACA).
*Presented in the event that the Supreme Court strikes down the availability of premium subsidies in states that fail to establish a state exchange.
This program has been approved for 1 (HR (General)) recertification credit hours toward PHR, SPHR and GPHR recertification through the HR Certification Institute. The use of this seal is not an endorsement by the HR Certification Institute of the quality of the program. It means that this program has met the HR Certification Institute’s criteria to be pre-approved for recertification credit.