Preparing Business Owners for Healthcare Reform The ACA poses many complicated challenges to small businesses of all kinds, and while some components of the ACA are not applicable to every business, it can be difficult to keep track of compliance responsibilities. In order to better prepare small businesses for these complexities Staff One will be assisting our clients with the following list of compliance requirements for recordkeeping, reporting, and analysis. As a partner through the Partners Plus program we will be providing your clients the tools and resources they need. It is important to make your client’s aware of the need to be tracking hours and be prepared for the reporting requirements. There are various payroll software vendors that will not be capable to assisting your clients with the reporting.

Compliance Notices provided by Staff One

Summary of Benefits with Uniform Glossary

Exchange Notice

MLR Rebate Notices

Grandfathered Plans must provide disclosure to participants

Preventative Care

Health FSAs

HIPAA Notification

Cobra Administration Initial Notification

Cobra Termination Election Notices

Administrative analysis through payroll reports, benefit documents and reporting

Tracking full time employees for mandate requirement

Calculating the Full-time equivalents (FTEs) for mandate requirement

Variable employee measurement tracking

Maintain documentation of cost sharing and benefits for grandfathered status

Distribution of Rebates as Plans Assets under ERISA

6055 Reporting Assistance

6056 Reporting including 1094B, 1094C, 1095B and 1095C

Common Control Employer Review

Affordability Test

Small Business Tax Credit eligibility analysis

W-2 Reporting

Plan Review and analysis with agent assistance

Plan Renewal

Waiting Period

Deductible and Out-of-pocket Maximum Review

Lifetime Limits

Health Essentials

Minimum Value Test

Employer Contribution

Call Liberty Prince at 214.716.0323 or email liberty.prince@staffone.com to discuss customizing a partnership for your organization!