Streamline ACA Compliance and Employer Shared Responsibility (ESR) Reporting
Both BeneTrac and Paychex Flex®give you the analysis and data tracking tools to streamline ACA compliance and Employer Shared Responsibility (ESR) reporting.
It's ACA compliance software that does the heavy lifting — automatically.
Track Employee hours
during specific measurement periods outlined in the law.
in eligibility and part-time/full-time status.
Manage measurement periods
for tracking employee hours.
for Minimum Essential Coverage (MEC) and Minimum Actuarial Value (MAV).
of IRS reports.
BeneTrac is ACA compliance software that helps you analyze, track, and report accurately.
The 90-day Waiting Period:
BeneTrac automatically manages these periods so you stay within the law.
We speed up the calculation of the true monthly premiums to avoid year-end surprises and costly reconciliations.
Analysis and Monitoring:
track employee hours to determine eligibility.
Summary of Benefits and Coverage:
(SBC) documents made available to enrollees, beneficiaries, and participants
We use all three affordability safe harbors to compare your current health insurance coverage data against your full-time employees' wage data.
Declined Benefits Reporting:
BeneTrac provides a system-generated report to help clients track employees getting coverage elsewhere.