Who Form 1094 B Applies 2023-2024

In this video, I am going to show you how to define your eligibility periods for Affordable Care Act compliance. In the Integrity Data ACA compliance and reporting solution, this process starts in the company setup window, where we input all the information about our company. In this window, we will identify the eligibility method used to determine which employees are eligible for health insurance coverage. We have the option to choose between the look-back measurement method or the monthly measurement method, although the look-back measurement method is more commonly used. Now, let's proceed to set up our standard measurement periods on the standard measurement period window. Here, we can either select an existing standard measurement period that we have already defined or create a new one. In this example, we have named our standard measurement period "2018" and it applies to all employees in all states where we have employees. The beginning point of the measurement period for each employee is set as the first day of the next month. In addition to the standard measurement period, we have two other specific periods to consider: the administrative period and the stability period. The administrative period is the time frame in which we conduct testing to determine employee eligibility and make offers of coverage to eligible employees. For this example, our administrative period is set from October 1, 2017, to October 31, 2017. The stability period is the duration in which we must offer coverage to eligible employees. In this example, the stability period is set from November 2018 to December 31, 2018, for a total of 12 months. During the administrative period, we will analyze employees based on the standard measurement period. All full-time employees will be considered for eligibility, and we will also evaluate part-time employees to determine their eligibility for coverage...