Human Capital Management Blog

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It's lonely in HR. Never fear! Benetech's team of seasoned experts provides the wisdom, technology insights, and healthcare regulatory updates that keep under-staffed and over-tasked HR departments informed, in compliance, and running lean!

By: Barry McNamara

August 3rd, 2016

The Affordable Care Act at Six…and Counting

Obamacare | Obamacare Reporting | Affordable Care Act

While the results of this fall's national elections might re-shape the debate around the Affordable Care Act (the ACA), substantive change, if any, won't occur until at least mid-2017. In the interim, employers must remain mindful of the impact that the ACA's various coverage, cost and compliance requirements have on their employee benefit offerings.

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By: Matt Ingold

July 18th, 2016

What Should You Do With ACA Subsidy Notices?

Obamacare | Affordable Care Act | Compliance & Auditing

In June of 2016, the IRS began delivering their backlog of subsidy notices to employers. The notices informed Applicable Large Employers (ALEs) when an employee who might have been eligible for employer-sponsored health coverage enrolled in health coverage through a state or federal marketplace AND received an Advanced Premium Tax Credit (APTC) and Cost-Sharing Reduction (CSR). Notices were automatic computerized mailings triggered by the employee’s enrollment. Immediately, the floodgates of questions opened: “What should I do if I receive an ACA subsidy notice?” “Is there a penalty associated with an employee ACA subsidy notice?” “How do I appeal an employee ACA subsidy notification?” All great questions, but let’s start with a little note of reassurance. Receiving an Affordable Care Act Subsidy Notice does not automatically mean that you are subject to an ACA penalty. That being said, don’t just toss them into the junk-mail box—there are some decisions to make, and they may involve a lawyer. Take the following into consideration in determining the appropriate response to an ACA subsidy notification.

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By: Matt Ingold

June 17th, 2016

How Will the 2016 Presidential Election Impact Obamacare?

Affordable Care Act | Cadillac Tax | Obamacare

How will the 2016 election impact Obamacare? One of the more pressing questions presently floating around the political news channels. A recent U.S. News article unpacks the potential fate of Obamacare in the case of a Trump or Clinton victory. In this blog, I’d like to add some considerations to the ACA’s funding arrangement, and how the financial structure of Obamacare will significantly impact the prospect of a full or partial repeal.

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By: Matt Ingold

December 7th, 2015

Compare Locally Headquartered Albany Capital Region Payroll Vendors

HRMS | Obamacare | Obamacare Reporting | Payroll

When it comes to selecting a payroll vendor, often times having a local office can be the difference between talking to a real person when you call for help or getting a ticket number and 48-hour callback window. We call this getting the Fortune-500 treatment. For employers in the Albany Capital Region looking for locally headquartered payroll providers, we've compiled a short list of backyard payroll vendors that have a vested interest in the local community and real-life local reps ready to field your phone calls or show up onsite. 

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3 Most Common Mistake Employers Make When Offering Benefits

Mistakes are expensive, especially when building benefit plans.

We've outlined the 3 most common mistakes employers make when offering benefits in a quick ebook. Get your copy free when you subscribe to our blog.

By: Matt Ingold

November 9th, 2015

Completing Obamacare 1095-C Reporting With Online Benefits Enrollment Software

Obamacare | online enrollment software | benefits administration

  Completing Obamacare 1095-C reporting can be broken down into four steps: Data Collection Testing Analysis Reporting The data collection is the longest process, but translating the information into the reporting forms is the hardest.  Anyone who has gone down the path of hiring a TPA to complete their ACA Reporting is familiar with the immense data-dump that comes with the service partnership. And a one-time dump isn't enough. There is on-going monthly eligibility tracking, enrollment management, and hours-accruals that can make for some redundant spreadsheets and administrative processes. How does an online benefits enrollment system streamline and simplify the ongoing Obamacare data-gathering and annual reporting process?

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By: Matt Ingold

October 26th, 2015

How Rehires Impact Affordable Care Act Eligibility Tracking and Reporting

1095-C | Affordable Care Act | Obamacare

For many employers, it is not uncommon to terminate an employee, only to hire them back a short time later. In such cases when an employee is terminated and rehired, there are different rules under the Affordable Care Act governing whether to treat them as a newly-hired employee, or a rehired continuing employee.

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By: Matt Ingold

October 2nd, 2015

ACA Reporting Case Scenarios: How to Complete the 1095-C For a Full-time Employee Who Declines Coverage

1095-C | Affordable Care Act | Obamacare | Obamacare Reporting

If you have started down the worm-hole of completing your annual 1095-C statements, you’ve probably hit some confusion upon reaching Part II. With 9 coded options to plugin for each month of line 14 (1A-1I) and eight coded options for line 16 (2A-2H), things can start to get tricky. The standard majority of cases are not the problems. Rather, it’s the odd-ball scenarios that generate the biggest stalls in 1095-C production, causing most to flee to google for guidance on their specific scenario. In this case, we will be looking at how a declined offer of coverage impacts the 1095-C.

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By: Matt Ingold

September 29th, 2015

ACA Reporting Case Scenarios: How to Report an Accepted Offer of COBRA Coverage on the 1095-C

1095-C | Affordable Care Act | Obamacare

If you have started down the worm-hole of completing your annual 1095-C statements, you’ve probably hit some confusion upon reaching Part II. With 9 coded options to plugin for each month of line 14 (1A-1I) and eight coded options for line 16 (2A-2H), things can start to get tricky. The standard majority of cases are not the problems. Rather, it’s the odd-ball scenarios that generate the biggest stalls in 1095-C production, causing most to flee to google for guidance on their specific scenario. In this case, we will be looking at how an accepted offer of COBRA coverage impacts the 1095-C.

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Before you leave...

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Mistakes are expensive, especially when building benefit plans.

We've outlined the 3 most common mistakes employers make when offering benefits in a quick ebook. Get your copy free when you subscribe to our blog.

Before you leave...

Mistakes are expensive, especially when building benefit plans.

We've outlined the 3 most common mistakes employers make when offering benefits in a quick ebook. Get your copy free when you subscribe to our blog.