Affordable Care Act (ACA) Implementation Starting January 2015, employers will have to offer health...

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Affordable Care Act (ACA) Implementation Starting January 2015, employers will have to offer health insurance to employees working more than 30 hours per week The University System of Georgia is considered the employer System-wide reporting will be required

Transcript of Affordable Care Act (ACA) Implementation Starting January 2015, employers will have to offer health...

Page 1: Affordable Care Act (ACA) Implementation Starting January 2015, employers will have to offer health insurance to employees working more than 30 hours per.

Affordable Care Act (ACA)Implementation

• Starting January 2015, employers will have to offer health insurance to employees working more than 30 hours per week

• The University System of Georgia is considered the employer

• System-wide reporting will be required

Page 2: Affordable Care Act (ACA) Implementation Starting January 2015, employers will have to offer health insurance to employees working more than 30 hours per.

Affordable Care Act (ACA)Implementation

• Rules for temporary employees have changed– No longer 6 months plus a 6 month extension– Now, 1,300 hours per a 12 month period– Hours can be in any combination, but can not

exceed 1,300– New clock started on May 1, 2014

Page 3: Affordable Care Act (ACA) Implementation Starting January 2015, employers will have to offer health insurance to employees working more than 30 hours per.

Affordable Care Act (ACA)Implementation

• Transition Period from May 1, 2014 to October 31, 2014– May 1 vs May 2– Transition Period employees are limited to 744

hours between May 1 and October 31– If they exceed that number, they will become

benefits eligible in 2015

Page 4: Affordable Care Act (ACA) Implementation Starting January 2015, employers will have to offer health insurance to employees working more than 30 hours per.

Affordable Care Act (ACA)Implementation

• What has happened since May– Continuing discussions with USG on interpretation

and clarification– Exploring work hour tracking methods– Identifying who is in the Transition Period• Payroll data not available until the end of May

Page 5: Affordable Care Act (ACA) Implementation Starting January 2015, employers will have to offer health insurance to employees working more than 30 hours per.

Affordable Care Act (ACA)Implementation

• What do we need to do now– Identify the Transition Period employees

– Create a plan for each employee

– Manage hours throughout the Transition Period

Page 6: Affordable Care Act (ACA) Implementation Starting January 2015, employers will have to offer health insurance to employees working more than 30 hours per.

Affordable Care Act (ACA)Implementation

• What do we need to do now– Continue to get clarifications– Develop a user friendly data collection and

reporting system– Produce an informational site including examples

and frequently asked questions