Thursday, October 30, 2014

ACA Reporting

Whatever your feelings are for the Affordable Care Act (Obamacare), it presents both challenges and opportunities for the PEO/ASO industry.  Customers will now be looking to the PEO to provide them crucial information about whether they are meeting the mandated requirements of small, medium and large size businesses.

At ThinkWare, using feedback from our clients and our client based steering committee, we are closely monitoring these requirements and adding functionality to allow our customers provide this service to the businesses that count on them for Payroll and HR functionality.


As you can see above, we provide a library of Reports to determine employer size, whether or not insurance meets the affordability standard required by the ACA and other critical information. 

In addition, the PEO can run "what if" scenarios for clients that will allow them to determine if wage increases and premium changes will maintain affordability into the next year.

Using this in a demonstration company can allow sales reps to be armed with ACA sample reports when they go on sales calls - highlighting the differentiation of services their PEO can offer versus the competition.

In addition, this information is integrated into our DarwinCRM Workflow module - so automatic alerts can be sent internally or to the client when statuses changes, or a critical value is hit.



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