Businessolver Products (8)

   
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ACA Management

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Benefits Administration

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Benefits Decision Support

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COBRA Administration

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Employee Engagement Platform

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Compensation

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Onboarding

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Payroll

Product Description

We streamline your process with step-by-step wizards and easy-to-use dashboard views within our technology. Full transparency ensures you can easily monitor your employees and data at any time while knowing we have you covered–caring for both.<br /> <br /> Businessolver’s ACA StatusTracker is hours tracking software that allows you to... Show More

About this product

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We streamline your process with step-by-step wizards and easy-to-use dashboard views within our technology. Full transparency ensures you can easily monitor your employees and data at any time while knowing we have you covered–caring for both.

Businessolver’s ACA StatusTracker is hours tracking software that allows you to configure your measurement, stability, and administrative periods, track overlapping initial and ongoing employee periods, and then apply determined eligibility status directly to employees’ records within the same technology. ACA StatusTracker also delivers ongoing reporting with a wide range of services to help with compliance requirements related to ACA.

Min. Group Size

500 eligible

Lives Serviced

5,600,000

Average Cost

Average Cost is Locked

46 RFI Questions RFI questions

RFI questions number is Locked

16 Specific Questions Specific Questions tooltip

Lock

Product Features

✓

ACA Tracking

✓

ACA Reporting Services

✓

Automatic generation of IRS forms 1094-C and 1095-C

✓

E-Filing to IRS

✓

Automatic calculation of indicator code 1 for offer of coverage

✓

Automatic calculation of indicator code 3 for safe harbor and other reliefs for employees

Show All Features

Product Features

×
✓

ACA Tracking

✓

ACA Reporting Services

✓

Automatic generation of IRS forms 1094-C and 1095-C

✓

E-Filing to IRS

✓

Automatic calculation of indicator code 1 for offer of coverage

✓

Automatic calculation of indicator code 3 for safe harbor and other reliefs for employees

✓

Automatic calculation of indicator code 2 for employee share of lowest cost monthly premium for self-only minimum value coverage

✓

Print and mail form distribution for employees

✓

Generation and review of forms on a monthly basis

✓

Audit defense and support

✓

Generation and review of individual statements and mailings

✓

Automatic IRS e-filing on behalf of the employer

✓

Alert system to notify administrators of noncompliance

✓

Employee time tracking for hourly and salaried employees (e.g., lookback for hourly and monthly for salaried)

✓

Trend analysis and forecasting in benefit eligibility status

✓

Collection, management, and organization of employee hours for eligibility purposes

Businessolver Info

Founded:

01/1998

Funding Summary:

None

Location:

West Des Moines, Iowa

Links:

Employees:

1720
Businessolver is a benefits technology company with a highly configurable, secure SaaS-based platform and a culture of high-touch service. Founded by HR professionals, Businessolver combines market-changing benefits technology with intrinsic client responsiveness to deliver an easy-to-use system that will appeal... Show More

About this vendor

×
Businessolver is a benefits technology company with a highly configurable, secure SaaS-based platform and a culture of high-touch service. Founded by HR professionals, Businessolver combines market-changing benefits technology with intrinsic client responsiveness to deliver an easy-to-use system that will appeal to you and engage your members. We create technology that reinvents benefits, transforming annual enrollment from a once-a-year event into a personalized journey.

Businessolver was founded in 1998 by experienced HR and insurance professionals, passionate about providing a more efficient and effective environment for large employers and their members to facilitate health and welfare benefits. After assessing the waste, inefficiencies, and inaccuracies produced by paper-based benefits systems, Businessolver expanded our online services to include the web-based benefits platform—Benefitsolver—which launched in 2000. Today, Businessolver has a reputation for being the most-trusted benefits administration company in the industry, with a relentless focus on innovation and thought leadership.

With our founding roots in insurance, technology, and benefits consulting, Businessolver has a strong footing to deliver a consultative approach and highly efficient, effective online enrollment and administration capabilities. In turn, clients enjoy cost savings, greater member satisfaction, and more strategic human resource deployment.

Businessolver Reviews

4.5 (9)

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