The first 3 months of 2017 are going to be very hectic for employers when it comes to Affordable Care Act (ACA) compliance. While most employers are well aware that these months will be spent preparing and sending 1095 and 1094 forms, they have not considered the additional workload that will come with managing subsidy notifications and appeals. Since open enrollment for plans through the Exchanges ends on January 31, Notices of Employee Eligibility for those who received a subsidy for coverage will likely come soon after – and you may receive tens, hundreds, or even thousands of them.
Because subsides are the trigger for fines and you only have 30 days to respond to subsidy notices, it’s imperative that this process is managed correctly and efficiently. As the leader in ACA compliance services, Equifax has extensive experience processing subsidy notifications and appeals on behalf of our clients. Join us to learn more about ACA subsidies, including:
How the subsidy notification and appeal process works
Best practices learned from processing subsidies for our clients
How Equifax reduces the administrative burden and compliance risk associated with subsidies
Suggestions for educating and communicating with employees about subsidies
Real-life examples of experiences/challenges that employers have faced