The Affordable Care Act (ACA) is a highly complex, ever-evolving piece of legislation with serious financial and HR implications for organizations that can’t, or don’t comply. Many employers are confused or unclear about how the ACA will impact their business. The good news is that Anchor is here to help.
Anchor’s ACA Monitor calculates full-time and full-time equivalents to understand how many total employees you have and whether or not you fall under ACA rules.
Ensure employees are classified correctly, based on the number of hours they have worked.
Quickly view full-time employees that have not elected health insurance or opted out.
Verify your provided insurance falls in the “affordable” classification based on how much each employee earns.
Anchor will provide the required 1094-C (Employer) and 1095-C (Employee) forms and government data submissions automatically.