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Trusaic announces new enhancements to its ACA Complete software, the only Affordable Care Act (ACA) compliance solution that provides organizations with full visibility into their ACA penalty risk. The refined ACA Complete platform ensures peace of mind through a monthly accounting of potential penalty exposures while significantly reducing the high administrative burden associated with tracking and reporting common to other “DIY” compliance software solutions. Recent research from Trusaic shows that one in four organizations are audited annually for ACA non-compliance.
Many human resources professionals tasked with handling ACA compliance struggle with a thorny process that is difficult to manage and is often fraught with potential for error. Common friction points include missing or inaccurate data, incorrectly applied measurement methodology, lack of penalty exposure analytics, and the significant time investment and inconvenience HR departments face due to complex IRS reporting requirements.
ACA Complete is the only compliance software that provides comprehensive insight into an organization’s compliance data with monthly monitoring and annual, end-of-year reporting capabilities. Users can see month-by-month metrics and compliance tracking with complete visibility into the status of their coverage offers. The user-friendly “to do” function includes real-time reminders regarding missing or pending offers.
Organizations in jurisdictions that have
