GetHired

ALE Status

If your company is an Applicable Large Employer (ALE), then you will need ACA Compliance.

1. Is your company an ALE (50+ Employees)?

Yes

2. In what year did your company become an ALE?

Company Info

The information in this section will be sent to IRS as part of form 1094-C & 1095-C submission.

Name of ALE Member (Employer)

Employer Identification Number (EIN)

Street Address (including room or suite no.)

City or Town

State or Province

Country

ZIP or Foreign Postal Code

Name of Person to Contact

Contact Telephone Number

Offered Medical Plans in 2019

Select the medical plans that were offered to employees in 2019. For the plans selected, confirm the plan information is correct.

Minimum Value Coverage: Covers at least 60% of the cost of benefits expected to be incurred under the plan.
Minimum Essential Coverage: MEC includes any major employer-sponsored medical plan.

	Plan Name	Carrier Name	MVC	MEC	Effective Start Date	Effective End Date
	Aetna Medical Bronze Plan - 2019	Aetna			Jan 1, 2020	Dec 31, 2021

Setup Your Lookback Method

ACA mandate requires that ALEs offer affordable health benefits to employees who average 130+ hours per month or 1,560 hours per year. By setting a measurement period, GetHired will use the look-back method to review hours worked by part-time and variable hour employees during their measurement period and will alert you if employees work enough hours to become benefit eligible.

MEASUREMENT PERIOD

12 months

ADMIN PERIOD

Up to 60 days

STABILITY PERIOD

12 months

Standard Measurement Period (Ongoing Employees)

To set up the standard measurement period for ongoing employees, please:

Select your stability period start month. The start month should be the first month medical coverage was offered to the employees (Plain Renewal Month).
Select the duration of your administrative period. The admin period is a brief period of the time used to determine if tracked employees met full-time hours or not.

Measurement Period

Duration:

Admin Period

Duration:

Stability Period

Start Month:

Duration:

Initial Measurement Period (New Hires)

For ACA purposes, a new hire employee is any employee who has not yet completed one full standard measurment period.

Part-Time and Variable Hour Employees

New hires will begin their measurement period on the first day of the month, coinciding with or following their hire date.

The duration of their measurement and stability period will be 12 months, like Ongoing Measurement periods.

We will average the number of hours worked during their initial measurement period to determine their ability status for the coinciding stability period.

Full-Time Employees

New hires classified as Full-Time employees should be offered coverage no later than the first of their fourth full month of employment.

Affordability Safe Harbors

A health plan is considered affordable for an employee if the employee’s required contribution does not exceed 9.86% of the employee’s household income. The IRS allows employers to use one of three “safe harbors” to determine affordability.

Select the Safe Harbor you would like to use to determine affordability:

Rate of Pay

Based on an employee’s hourly pay rate.

W-2 Wages

Based on an employee’s reported W-2 wages.

Federal Poverty Line (Recommended)

Based on the Federal Poverty Line for an individual.

Review and Complete

ALE Status

As of 2020, ABC Co. became an Applicable Large Employer (ALE).

ACA Compliance Tracking

GetHired will work with you to ensure you are ACA compliant for the 2020 reporting year.

Measurement and Stability

Employees will be measured for eligibility based on the hours entered for the new hire and ongoing employees.

Affordability Safe Harbor

The Federal Poverty Line will be used to check for affordable coverage.