New services offer relief to employers challenged by ACA reporting compliance.
Glenwood, MD (January 5, 2016) — Healthcare Interactive (HCIactive), a leading healthcare technology company, announced today that it has signed a reselling partnership agreement with Benefit Plan Administrators (BPA), a full-service healthcare benefits administrator based in Eau Claire, WI.
Under the partnership, BPA is now offering an ACA reporting dashboard with online enrollment technology to help employers better comply with ACA reporting requirements.
According to ACA requirements, providers of minimum essential coverage, as well as Applicable Large Employers (ALEs) having 50 or more Full-Time Employees or Equivalents (FTEs), must file reporting forms by March 31st on paper or June 30th electronically, or face significant penalties. “We recognize that compliance can be overwhelming, and that’s why we’re addressing it with technology that simplifies this process. Our ACA reporting dashboard aggregates payroll, benefits and HR data specifically for tracking and reporting purposes, and even auto-populates the necessary IRS forms for employers,” says HCIactive CEO Henry Cha.
The need for these solutions are apparent, as the government has extended the filing deadlines twice to accommodate employer requests for more clarification and more time. “Hearing our client’s challenges with ACA compliance first-hand, it’s gratifying to be able to offer a solution that actually works. We’re excited about our partnership with HCIactive and the value it will offer the employer groups we serve,” says BPA President Marc Paulson.
With the added time granted by the latest ACA reporting extensions, HCIactive will continue to focus on onboarding new reseller partners, thereby helping employers nationwide avoid penalties due to noncompliance.
For more information about ACA reporting or HCIactive’s solutions, visit www.hciactive.com/solutions/aca-reporting.
About Benefit Plan Administrators
Benefit Plan Administrators (BPA) is a full-service benefits administrator with the experience, staff, systems and commitment to meet employers’ benefit needs. The company creates working partnerships with its clients to provide efficient, professional and responsive service.
About Healthcare Interactive
Healthcare Interactive, Inc. (HCIactive) provides integrated health plan solutions for health systems, third-party administrators, and employers nationwide. HCIactive’s Healthspace™ technology platform runs results-driven population health and incentive management programs designed to mitigate risk, control healthcare costs, support Affordable Care Act compliance, and improve member outcomes.