The Affordable Care Act, PPACA, Health Care Reform, Obamacare, Insurance Compliance, Employer Shared Responsibility – whatever your organization is calling it – you need to start planning for it right now. The Affordable Care Act will not only impact the U.S. healthcare system, but the way you manage your workforce as well.
When it comes to ACA administration, spreadsheets, home-grown reports, and manual calculations will do little to simplify a highly complex process with potentially significant financial consequences. Instead, organizations like yours need integrated workforce management tools that provide complete automation and high-quality information for driving cost-effective labor decisions and minimizing ACA compliance risk. The good news is that Kronos already has them ready for you.
We’ll help you take a proactive – not reactive – approach in developing strategies for managing your workforce to help with ACA compliance and control the potential impact of associated costs by:
- Providing accurate information about average hours worked by full-time and part-time employees so you have the data necessary to comply with applicable ACA regulations
- Delivering timely analysis of employee data that will help you determine benefit eligibility, thus improving compliance and assisting in reducing financial penalties
- Monitoring and analyzing your workforce schedules, time records, and benefits enrollment in real time
- Providing comprehensive auditing and reporting features that will permit you to provide evidence of your ACA compliance efforts to government agencies
Now is the time to learn more about how Time and Attendance, Scheduling, HR, Payroll, and Analytics solutions from Kronos can help your organization manage costs and compliance associated with the Affordable Care Act. Don’t just “wait and see.” Take action by contacting a Kronos representative today.