Here at BambooHR we don't claim to be ACA consultants; however, we are employee data experts, so we want to help with ACA where we can. We’re not only beefing up some of our existing features and reporting to help make your life easier when you’re preparing ACA forms, but we’re also adding some nice tools to save you time as you enter the world of ACA compliance. In this webinar we will review some of the key points of the ACA Employer Mandate and even walk you through how we are going to comply with ACA here at BambooHR!

2. What is the
Employer Mandate?
“Employer Shared Responsibility Provision”
“Pay or Play Provision”

3. Coverage Requirement
“Under the Affordable Care Act’s employer shared
responsibility provisions, certain employers (ALE’s)
must either offer minimum essential coverage that is
affordable and that provides minimum value to their
full-time employees (and their dependents), or
potentially make an employer shared responsibility
payment to the IRS.”
—IRS.gov

4. Provide qualifying
health coverage to your
full time employees
or pay a big fine.

5. Reporting Requirement
“The same employers that are subject to the
employer shared responsibility provisions also have
information reporting responsibilities regarding
minimum essential coverage offered to employees.”
—IRS.gov

6. Submit 1095-C and 1094-C
forms to the IRS.
Provide 1095-C to employees.

7. Does it apply to my company?
Applicable Large Employer (ALE)

8. • Average of 50 or more full-time employees
per month
• Includes full-time equivalents and seasonal
employees
• Based on the prior calendar year
Definition of ALE

9. • Average of 30 or more hours per week (or
130 hours per month)
• Full time equivalent = total number of non-
full time hours/120
• May not match your company’s definition of
full time
Definition of full time

10. • Sum of full-time employees + equivalents
(for the year) / 12
• Round down to the next lowest whole
number
• New company and seasonal worker
exceptions
How to calculate

11. Transition relief may apply
to your company if you had
50-99 employees in 2014.

12. How do I report to the IRS?
Navigating the 1094-C and 1095-C

13. • One per company
• Summary of ACA methods (including transition relief)
• Monthly % of full time employees who received offer
of qualifying coverage
1094-C

14. • One per employee - like a W-2 for benefits
• Monthly codes based on coverage offered,
cost, and safe harbors
• Dependents enrollment information (self-
insured only)
1095-C

15. • Updated deadlines on December 28th
• Furnish 1095-C to employees by March 31st
• File 1094-C and 1095-C’s to IRS by May 31st
(paper filing) or June 30th (e-filing)
Deadlines

16. How BambooHR can help
ACA Features

17. We're not ACA consultants,
but we are employee data
experts, so we like to help
where we can.

18. Features that will help you
with the employer mandate:
ACA employment status tracking
New benefits tracking
ACA benefits and employment status reports
Download 1095-C (Part I auto-filled)
ACA help article
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2.
3.
4.
5.

23. Check out our help
article for more
information and links to
official ACA resources.

24. Follow BambooHR on social media:
bamboohr.com/blog | #bamboohr
Thank you!