Helen took a deep breath and rubbed her throbbing temples reflecting on getting through the first ACA reporting season. That splitting headache was back again. It had been hitting her so often in the past few weeks, that she had named it Obamacare Compliance, or “OC” for short.
“OC” was the result of the new Affordable Care Act compliance requirements for businesses that had surfaced late last year. Luckily in previous years the deadline had been moved back, but that didn’t mean she was be ready. Compliance was time consuming, the potential for error was high, and it was mind-boggling!!!
She just got a notice from the department of Health and Human Services about an employee going to the exchange and receiving a subsidy.
What’s bad is she didn’t have the staff help, and even if she did, how was she supposed to explain it to them? What was worse, any mistakes could mean a penalty of $250 per employee because they were late last year.
Headed into next year, with 75 employees in her company, that might mean even more penalties and it could also mean the end of her job.
Desperate for help, Helen popped a few aspirin, and went online. She found E.D. Bellis, a company that specialized in helping businesses just like hers. What’s more, the cost was affordable for help that would arrive in just a few days. There was even a free consultation and demonstration. Not only do they do the reporting, they can also manage all of the necessary employee communication needed.
As today’s “OC” faded away, Helen copied the E.D. Bellis web address to her boss, and took a break. With a spring in her step, Helen made her way to the office of the company CEO. She was going to look like a genius as she pointed out the money that could be saved and the compliance that would come from contacting E.D. Bellis. It was turning out to be a good day. Later she called a friend and spread the news about EDB.
If you find yourself like Helen and you need help managing the difficult decisions for your organization you can contact E.D. Bellis today and one of our healthcare consultants will help you with this process. E.D. Bellis is a professional service organization helping companies and municipalities maintain compliance, reduce costs and improve operations with the latest employee benefit strategies. For more information including our wellness analytics risk assessment email firstname.lastname@example.org.