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99 problems but the #ACA ain’t one…

September 25, 2014

Kronos-Stressing-About-ACAThe Affordable Care Act (ACA) is in (some of) the news again. Based on perspectives in the New York Times and Government Health IT, the ACA, or “Obamacare” is working, but I’m sure you can find contrary points of view elsewhere. I also found an excellent review of upcoming ACA dates for employers in the National Law Review. Beginning January 2015 under the ACA, employers with greater than 50 full-time employees must offer healthcare coverage to all employees working 30 or more hours per week or face penalties for not providing affordable coverage.

Since Kronos collects time worked for millions of employees in thousands of US organizations, we can help with ACA compliance. For our Workforce Central customers, we just released version 2.0 of our FT-PT Analysis Report. The report will provide customers accurate information about average hours worked by full-time and part-time employees for a given time period. The FT-PT Analysis Report v2.0 works with Workforce Central v6.x and v7.0.x on SQL Server and Oracle databases. Here’s an overview:

  • The report calculates the average weekly working hours over a selected timeframe.
  • It distinguishes between employees who have completed their first full year of work based on the Hire Date and those who have started work within the first year.
  • Standard HyperFind Queries can be used to filter employees that appear in the report output.
  • The report output can also be filtered based on employees who fall below a specified number of hours.
  • The report can count actual weeks worked or the weeks an employee was active during the period.
  • The report Supports Worker types and hire dates for WFHR customers.
  • NEW—The report can project totals into the future to predict how the look back or stability periods will look when complete.
  • NEW—The report can be run to just show new hires.
  • NEW—When running the report, a user can choose to include one of the seven labor levels in the output. This can allow easy sorting and filtering when running the report into Excel.

Now on to the other 98 problems…

3 Comments leave one →
  1. Ron permalink
    September 25, 2014 8:13 pm

    I understand whether the ACA act is working or not, your company is offering valuable services to assist your customers in understanding their responsibilities in meeting the objectives of the ACA.

    However, examples to support that the ACA is working in Massachusetts is very difficult to find. This in a state that was essentially compliant before the ACA was law.

    The State now plans to conduct staggered enrollments for the ACA starting in January 2015 through early February entirely missing the upcoming Federal open enrollment season.

    While your company will be providing valuable information to inform and guide your clients, no such direct support is offered the general population. There is no support structure that provides direct access to guide, educate or inform citizens through the complex maze.

    With the success of the ACA, the cost of healthcare is going up about 17% for employers next year?

    Talk to people or try to enroll yourself… Then you may wish to restructure your title.

    I wish it did work!.. and it will, it just doesn’t work yet.

    Ron

    Like

    • September 26, 2014 7:02 am

      17%???!!

      Yeah, we’re a B2B company, so our customers are organizations, but they’re made up of people, so let me know if you’d like to write a guest blog to help them navigate the ACA.

      Like

  2. Ron permalink
    September 27, 2014 10:15 am

    One intent of my comments was to infer there are no subject experts to write a guest blog, including me. Unlike your business customers, the individual has no direct access to be guided toward informed decisions.

    Inquire to your employer about double digit increases in the 2015 rates. The increase will be mitigated through increased deductions and co-pays. The rate increase is mainly driven by much higher prescription drug costs, especially generic drugs.

    Ron

    Like

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