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Equifax Workforce Solutions

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Equifax Workforce Solutions Products (2)

   
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ACA Management

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Identity Theft Plan

Product Description

As the largest independent provider of ACA, we now support over 1,800 employers. Equifax Workforce Solutions offers three (3) employer solutions based on complexity of their workforce, data and the level of service desired.<br /> <br /> 'ACA Premium' is for employers with complex data and employee schedules. ACA Premium... Show More

About this product

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As the largest independent provider of ACA, we now support over 1,800 employers. Equifax Workforce Solutions offers three (3) employer solutions based on complexity of their workforce, data and the level of service desired.

'ACA Premium' is for employers with complex data and employee schedules. ACA Premium helps you aggregate and transform your data to determine the required code combinations based on service hours and eligibility calculations & build your Forms 1095/1094 on a monthly basis for your ongoing review and management.

'ACA Standard' is for employers who manage benefits eligibility internally, looking for a simplified data and implementation experience.

'ACA Starter' is for employers who manage benefits eligibility and Form 1095 code generation internally, and are looking for a simplified IRS reporting solution.

All solutions are supported by a designed ACA SME and include IRS filings & corrections. EWS ACA also allows for State Reporting & Form 1095 furnishment.

Min. Group Size

50 eligible

Lives Serviced

22,000,000

Average Cost

Average Cost is Locked

46 RFI Questions RFI questions

RFI questions number is Locked

16 Specific Questions Specific Questions tooltip

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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 2 for employee share of lowest cost monthly premium for self-only minimum value coverage

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 2 for employee share of lowest cost monthly premium for self-only minimum value coverage

✓

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

✓

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

Equifax Workforce Solutions Media

Equifax Workforce Solutions video/presentation/materials Play
Equifax Workforce Solutions video/presentation/materials Play

Equifax Workforce Solutions Info

Founded:

2010

Funding Summary:

None

Location:

Baker Technology Plaza 6101 Baker Road, Suite 205 Minnetonka, MN 55345

Links:

Employees:

12000
Equifax's Affordable Care Act (ACA) solution 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... Show More

About this vendor

×
Equifax's Affordable Care Act (ACA) solution 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.

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

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