ACA Reporting — what happens when we guess. (ScreenCast 04)

Summary.  In today’s ScreenCast 04 we  address some of the reporting and compliance problems that arise when employers aren’t quite ready to identify all of their ACA full time employees.

Background

• Some employers are pretty sure they will satisfy the 70% test required under ACA Employer Shared Responsibility rules for 2015. Employers in this boat have developed some imprecise methodology for identifying their ACA full time employees. In some cases they might be over-reporting their part time employees as full time employees.
• Last week Melinda Maher and Bob Seng discussed some of the questions that pop up when an employer simply reports part-time employees as ACA full-time employees. You can find that discussion here. (ScreenCast 02).
• Today’s ScreenCast attempts to answer some of those questions and describe the risk that comes with “punting” and simply putting part time employees (who receive offers of coverage) in the ACA full time category.