Attendance on Demand Releases White Papers on PPACA
Understanding the Patient Protection and Affordable Care Act
(June 2013) Northville, Michigan — Attendance on Demand is pleased to announce the release of four white papers describing how a time and attendance system can aid companies in compliance with the Patient Protection and Affordable Care Act (PPACA). The PPACA mandates begin January 1, 2014, but are based on employee service hours in 2013. Smart employers are taking key steps today, and Attendance on Demand can help.
Employers have a lot to do to prepare for the Affordable Care Act. Attendance on Demand has created four white papers to explain different areas of the PPACA:
- PPACA Shared Responsibility
- PPACA Seasonal Employees
- PPACA Hourly Threshold
- PPACA Small Businesses
PPACA Shared Responsibility:
This white paper discusses the impact of healthcare reform. Employers must prepare for their new obligations and responsibilities under PPACA. A primary challenge for employers is determining which employees are considered full-time under the Act and must be offered coverage. This paper examines the expanded "determination process" the IRS suggests for four different types of employees. A time and attendance system can ease the process, providing data for accurate decision-making and supporting the organization's due diligence.
PPACA and Seasonal Employees
Under the PPACA, organizations that rely on seasonal workers must create a determination process (that is, a standard period of time when the employer determines if a worker is considered full-time under PPACA and thus eligible for insurance coverage) distinct from the process used to evaluate ongoing employees. This paper will examine shared responsibility guidelines for customizing a seasonal employer's determination process and discuss how a time and attendance system significantly streamlines the process during implementation.
PPACA Hourly Threshold
Service industries such as retail, hospitality, and health care, which employ large part-time and low-wage populations, are likely to experience increased financial impact when PPACA goes into full effect next year. Consequently, employers in these industries are looking to manage worker eligibility with strategies which reduce the number of employees that meet PPACA's "hourly threshold" of 30 or more hours per week in a given month. This is a viable strategy for mitigating coverage costs but one which demands an airtight time and attendance process to ensure the organization is meeting its 'Shared Responsibility' obligations.
PPACA and Small Business
As large employers prepare for the PPACA mandates to take effect in 2014, small businesses struggle to determine the impact PPACA will have on their operation. During the crucial months leading to 2014, these businesses may be neglecting opportunities to take advantage of potentially significant tax credits built into PPACA for small employers. This white paper examines eligibility criteria for PPACA tax credits and how a time and attendance system can ease the eligibility determination process.
"These white papers describe some of the complexities involved in accurately tracking employee time and benefit eligibility," said Beth Baerman, Director of Corporate Communication at Attendance on Demand. "Our goal is to help businesses prepare for the upcoming changes and make them aware of the ways a robust time and attendance system, like Attendance on Demand, can help."
About Attendance on Demand
Attendance on Demand employee time and attendance service supports the labor management needs of thousands of companies and over a half million employees across North America. Launched in 2006, Attendance on Demand is a rapidly deployed, cloud-based solution that minimizes a company's risk and technology investment while providing advanced features for securely managing labor data — calculating pay rules, scheduling employees, budgeting labor, and automating record keeping for labor law compliance. With standard uptime over the industry average of 99.995% and above average customer retention rates Attendance on Demand removes the worry of maintaining expensive infrastructure. An extensive North American distribution network helps organizations use Attendance on Demand to reduce labor expenses and improve decision-making.