What does ACA status mean?
An ACA full-time employee is defined as someone who works 30 hours a week or 130 hours a month. For example, If Tommy Joe's Restaurant employs 60 people and 40 of them are employees that work at least 30 hours a week or 130 hours a month, those 40 workers are considered full-time employees under the ACA.
What does ACA mean in benefits?
The Patient Protection and Affordable Care Act, referred to as the Affordable Care Act or “ACA” for short, is the comprehensive health care reform law enacted in March 2010. The law has 3 primary goals: Make affordable health insurance available to more people.
What does ACA eligible mean?
To be eligible, the employer must cover at least 50 percent of the cost of healthcare coverage for their employees.
What does ACA mean in ADP?
Affordable Care ActPublished by ADP® Page 2. 2. The Affordable Care Act (ACA) has created new obligations for an “Applicable Large Employer” (ALE).
Is ACA part of Medicare?
Are Obamacare and Medicare the Same Thing? Medicare and Obamacare are very different things. Compare Medicare and the Affordable Care Act (ACA) to learn the differences. The Affordable Care Act (ACA, also commonly called Obamacare) and Medicare are two very different concepts.
Is ACA a medical?
Medi-Cal—California's Medicaid program—is a state-federal program that offers free or low-cost health coverage to Californians with low family incomes. Prior to the Affordable Care Act (ACA), Medi-Cal served low-income families and children, the elderly, and people with disabilities.
How does ACA determine eligibility?
To measure eligibility for new hires, you must consider if the employee is reasonably expected to work 30 or more hours a week. If yes, then the employee should be measured as a new full-time employee.
What is full-time for ACA?
The ACA defines a full-time employee as an individual who works an average of at least 30 hours per week. The mandate for employers to provide health care coverage is in effect and will be fully implemented by 2016.
Does ADP Do ACA reporting?
ADP Workforce Now® Essential ACA includes ACA annual reporting.
Does ADP Do ACA filing?
ADP's intelligent technology and deep ACA expertise provide employers automated monthly compliance calculations (ACA eligibility and affordability) and a simplified and streamlined reporting experience for year-round Forms 1094-C/1095-C monitoring, and year-end furnishing and electronic filing with the IRS and ...
What is ADP healthcare?
Our affiliate, Automatic Data Processing Insurance Agency, Inc. (ADPIA®)*, gives you access to licensed agents who answer questions, and then help you get the right group health insurance plan options for your business.