Affordable Care Act (ACA)
Automated Compliance and Reporting, Simplified
Managing employee benefits eligibility in compliance with ACA regulations can be a time-consuming and intricate task. Employers are typically responsible for collecting and overseeing data, including hours worked, employee status, and coverage offers. By integrating ACA Compliance into your HCM software with the help of Simco, you can streamline this process, automatically capture essential data, and automate crucial tasks at the conclusion of employee measurement periods.
Automated Measurement and Updates
Set standard and initial measurement, administrative, and stability periods for employees, with automatic updates to records based on life events, ACA status, and coverage stop dates, ensuring accurate tracking of eligibility and compliance status.
Comprehensive Reporting
Utilize built-in reporting tools for accurate and timely filing of 1094 and 1095 forms, alongside look-back reporting, affordability assessments, and pre-filing verification of draft ACA annual forms, facilitating a seamless reporting process.
Employee Category Establishment
Define categories of employees for ACA purposes and identify the measurement method for each, aiding in precise tracking and management of employee data in alignment with ACA guidelines.
Applicable Large Employer (ALE) Test
Employ a built-in ALE test to calculate Full-Time Equivalents (FTEs) and determine ALE status, enabling a clear understanding of your company's ACA obligations.
Affordability and Projection Tools
Assess the affordability of health benefits based on ACA safe harbors and utilize projection tools to estimate new affordability, ensuring informed decision-making and adherence to ACA affordability mandates.
Enhanced Accuracy
Minimize errors in eligibility tracking and reporting, thus reducing the risk of incurring ACA-related penalties.
Time and Resource Efficiency
Automate key ACA compliance tasks, freeing up valuable HR resources to focus on other strategic initiatives.
Seamless Integration
Leverage a unified platform for both ACA compliance and other human capital management needs, promoting data consistency and operational efficiency.
Informed Decision-Making
Utilize insightful reports and projection tools to make well-informed decisions concerning employee benefits and ACA compliance strategies.
Comprehensive Support
Access a dedicated solution designed to navigate the complex ACA compliance landscape, ensuring your organization remains aligned with evolving legal mandates.
Ready to save time? Have a question?
Why should you work with us?
Learn more about us.
Simco understands the frustrations businesses face having less time and more responsibilities. We are here to help! Each business has unique needs and we tailor our services to help you run more efficiently and effectively as your Total Human Resources Partner.

What sets us apart? Simplicity. Our customers receive one knowledgeable main point of contact, their Business Partner, who is backed by a team of highly qualified specialists. Simco will keep you compliant, proactively keep you informed, and provide services that will elevate your business to the next level. Our ability to collaborate through our verticals of Human Resources, Payroll, Commercial Insurance and Benefits for your company, just with one phone call, is all it takes to ease your mind and allow you to focus more on running your business.
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