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Is your staffing company prepared to meet the 2015 Affordable Care Act (ACA) requirements? It’s what you do in 2014 that determines the penalties you could face in 2015 – and most importantly, the impact on your profit margin.
By now, you should have systems in place to manage the legislation and begun calculating “look-back” periods for each employee. But with breaks-in-service and uncertainty around workloads, this can be perplexing – especially with regulatory and workforce changes.
Join ACA experts as they demystify look-back periods, explain what you should be doing now to prepare, and share best practices for getting the right infrastructure in place to ensure regulations are met.
You will learn more about:
- What they should be doing now to prepare for the ACA
- How look-back periods work and the importance of accurately tracking them
- How to determining the ACA’s impact on their profit margin
- Best practices for managing the legislation
Moderator: Andrew Braswell, Research Analyst, Staffing Industry Analysts
Speakers:
Kristin Lewis, Director, Product Marketing, Equifax Workforce Solutions
Tom Dowling, Partner, Stinson Leonard Street
Download a PDF of the presentation slides.
Select the play button to begin viewing. Double click the four arrows to view full screen.
For additional legislative resources, please visit Equifax’s ACA webpage.
You’re also invited to a quick 30-minute product demonstration to see how the award-winning ACA Management Platform is helping Staffing companies prepare for 2015, maintain ongoing compliance, and address the intricacies we discussed in the session by:
- Calculating eligibility for variable-hour employees
- Protecting profit margins while responsibly passing on costs to clients
- Reducing compliance risks by automating tasks such as IRS reporting
- Tracking measurement periods for all employees and accounting for complexities such as breaks-in-service
Register: ACA Management Platform for Staffing Companies
Have questions? Contact Equifax to learn more. Or for additional legal guidance, email Tom Dowling of Stinson Morrison Heckler, LLP.
