Under the Patient Protection and Affordable Care Act (ACA), individuals are required to have health insurance while applicable large employers (ALEs) are required to offer health benefits to their full-time employees. In order for the Internal Revenue Service (IRS) to verify that (1) individuals have the required minimum essential coverage, (2) individuals who request premium tax credits are entitled to them, and (3) ALEs are meeting their shared responsibility obligations, employers with 50 or more full-time or full-time equivalent employees and insurers will be required to report on the health coverage they offer.
InTech can help any employer or multiemployer organization – big or small. Fully insured or self-insured, InTech knows what information is needed and how to report it. Utilizing your payroll and benefits information, InTech can convert the information to the required reporting format. Or, if your data is retained in two different systems, InTech can aggregate payroll and benefits data to complete the 1094 or 1095 employee and employer forms as required. As you know, the IRS is an organization to comply with completely so let InTech handle the reporting process so you don’t have to worry about the reporting complexity and possible fines.
Today, InTech helps customers with a variety of different government programs so ACA reporting may be new to you, but not to InTech. By working with different programs, we have the experience to help lead you through the administrative processes and requirements. Our expertise and services will help minimize your time and resources toward this complex project. In addition, our solutions focus on meeting all government compliance requirements so you don’t have to worry about being questioned or audited by any government agency.
InTech has developed the technical systems to verify your information is complete and accurate. Our data management capabilities insure your information will be validated to meet the IRS required format and requirements. However, if the IRS should identify information issues, we assist you in identifying what is needed to correct the employee information prior to final ACA reporting. And as part of the data exchange process with the IRS and you, all of our processes, systems, and staff handle your data with utmost privacy and security so you won’t have to worry about any HIPAA issues. InTech has passed all the IRS 2015 transmission/reporting requirements so we are ready to start ACA reporting for you!
As an important member of your project team and business, we know how important it is to work with a trusted partner. InTech’s focus is simple: complete customer satisfaction and creating long term relationships. This includes working with the many different entities you work with every day to solve your business challenges. Government programs are complex projects and InTech believes working closely with you and your business partners insures a successful outcome. As your partner, our responsibility is to work with you to lower your costs and business risk - for a fair price!