Who Form 1094 B Applies 2022-2023

Instructions and Help about Who Form 1094 B Applies

In this video I'm going to show you how to define your eligibility periods for Affordable Care Act compliance in the integrity data ACA compliance and reporting solution will begin on the company setup window where we have all the information about our company in this window we will identify the eligibility method we are using to help us identify employees that are eligible for health insurance coverage we can choose from the look-back measurement method or the monthly measurement method in most cases we see the look-back of measurement method being used now let's go ahead and set up our standard measurement periods on the standard measurement period window we can look in an existing standard measurement period than we've already defined we haven't named standard measurement 2023 this applies to all employees and all states where we have employees we will use the first day of the next month as a beginning point of the measurement period for an employee we are defining three specific periods standard measurement periods the administrative periods and the stability period the standard measurement period is a period of time over which we test employees to determine their eligibility as to whether or not as an employer we need to offer them coverage under the Affordable Care Act we have these dates set at 10 1 2023 measuring 12 months 29 30 2023 we have an hour administrative period set up from 10-1 2023 to 10 31 2023 this is the period of time in which we have to perform our testing determine who's eligible and to make offers of coverage to those employees the stability period is a period of time through which we need to offer coverage to those eligible employees this is also typically the plan here in this example...