Health E(fx)

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Founded 2010
Minneapolis, MN

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Health E(fx)

Health e(fx) (pronounced “Health Effects”) is a market?leading compliance, audit, reporting and analytics platform that automates eligibility and affordability determination and tracking, ongoing audit
and defense of employer compliance with the law, and full automation of all reporting requirements.

Health e(fx) optimizes employer and advisor knowledge of benefit strategies, options, and cost decisions within the complexity of the Affordable Care Act. Health e(fx) is a fully proprietary software service, with optional managed services and employee call center support, that integrates with any existing HR environment/data sources.

Value Proposition

Health e(fx) is a full?service solution, which can be deployed within modular option parameters. Full data automation, tracking of eligibility and affordability (across all federal and state regulations and the available optional safe harbors), management reporting across automated hierarchies, detailed analytics, full IRS
reporting (including code determinations), and Forms 1095 B and C fulfillment through electronic and/or print delivery.

Based on employer desire, as a fully featured cloud solution, Health e(fx) can also be deployed both as the upstream data aggregation and fully automated compliance management solution, or as the direct reporting audit and management solution independent of data audit (though for IRS defensibility this is not recommended, as source data audit should be integral to the reporting solution in Health e(fx)’ opinion, to
maintain audit integrity for future IRS appeal processes ? this is an industry confusion point at the current state of the market).

Fulfillment can be via the Health e(fx) portal and print process, or can integrate back into the employer or third?party existing fulfillment process.

Programs Offered

  • ACA Reporting and Analytics
  • Automated Notifications/Fulfillment
  • Eligibility Tracking
  • Form Preparation/Distribution
  • Hard-Copy Notifications/Fulfillment
  • Outsourced Service Center

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