Set Up Affordable Care Act Data

Before you can generate the Affordable Care Act reports, Forms 1095-C and 1094C, you must set up related settings in related Costpoint screens.

To set up Affordable Care Act data:

  1. Set Variable Hours Employees on the Manage Employee Salary Information screen or through the Import Employee Data screen.
  2. Confirm poverty and affordability threshold on the Manage Federal Taxes screen.
  3. Set pay type exclusions on the Manage Pay Types screen.
  4. Set plan and enrollment dates by taxable entity/year on the Manage Benefit Years by Taxable Entity screen.
  5. Set rules for determining full-time equivalent (FTE) employees on the Full-Time Equivalent Measurement Rules subtask on the Manage Benefit Years by Taxable Entity screen.
  6. Indicate employer self-insured benefit health plans on the Manage Benefit Plans screen.
  7. Specify whether a benefit plan/coverage option provides minimal essential coverage and/or minimum value on the Coverage Options subtask of the Manage Benefit Plans screen. You can also set an override employee premium amount when necessary.
  8. If you use Employee Self-Service (ESS), set the ESS benefit year on the Manage ESS Company Settings screen.
  9. Set up life events that are classified as Benefit Qualifying Events on the Manage Employee Life Events screen.