BenefitWerks has multiple solutions to meet your ACA reporting and tracking needs to stay compliant. Full service clients can add these solutions and we offer our reporting solution as a stand-alone service.

The full-featured solution for our Benefits Administration clients includes

• 1094-C and 1095-C creation, and e-filing with the IRS.
• A HIPAA compliant electronic delivery option to reduce printing and mailing costs.
• Summary and audit reports.
• The ability to preview all forms and reports prior to electronic submission of the 1094-C and printing and mailing of the 1095-Cs.
• The ability to load hours and track employee eligibility based on the client's measurement periods.
• Sending and tracking of missing or invalid SSN letters.
• Dependent data reporting for self insured clients.

The simple solution includes

• Creating the deliverables of the 1094-C and 1095-C forms and e-filing with the IRS.
• With this solution, the client uses a spreadsheet template to fill out census and other pertinent information in order for the BenefitWerks to create the appropriate forms.
• This method also allows for auditing and the regeneration of forms if needed.
• Summary and audit reports.
• The ability to preview all forms and reports prior to electronic submission of the 1094-C and printing and mailing of the 1095-Cs.

Overview of the reporting requirement

Under the Affordable Care Act, applicable large employers—those with 50 or more full-time and full-time equivalent employees—are required to file returns with the IRS. These employers are also required to provide full-time employees with statements about health coverage offered or proof that no coverage was offered.
All applicable large employers are required to report health coverage information

The size and structure of your workforce determines what applies to you. An employer’s size is determined by the number of its full-time employees, including full-time equivalents.

For help with determining the size of  your workforce each year, visit the IRS employer resource page,  Determining if an Employer is an Applicable Large Employer.

Large Employers

An applicable large employer, generally those with 50 or more full-time employees, including full-time equivalents.

Small Employers

Small employers, generally those with fewer than 50 full-time employees, may be eligible for credits and other benefits.

If you have no employees, the information in the section below does not apply to you. However, other provisions, such as the insurance provider fee, or the branded prescription drug fee, may affect your organization. For a list of ACA tax provisions, visit the Affordable Care Act Tax Provisions page.