Benefitscape enhanced for aca compliance
CIOReview Team | Thursday, 28 May 2015, 11:19 IST
NATICK, MA: Benefit Corporation of America, developer of specialized employee benefits software, has released several major enhancements to BenefitScape , a cloud-based outsourcing platform for Affordable Care Act(ACA) Compliance.
The enhanced features offers stand alone e-filing of IRS reporting and e-delivery of required employee communications. +ACA compliance presents unique challenges coordinating internal data and guidance; while HR and Benefits will often direct the ACA compliance effort, significant input and approval is needed from legal, finance, IT, tax, payroll and communications. “BenefitScape has built a Data Warehouse that fills the gaps in these complex systems enabling ACA compliance without major development and cost,” says Ken Phillips, President of BCA.
+BenefitScape is a different outsourcing model, centered on the “employee experience”.
BenefitScape technology helps in communicating with each employee individually, providing each employee a personalized experience available 24/7. BenefitScape helps connect employees, their colleagues, and their community in a dialog on health plans, all in an era of new contemporary concepts, such as Healthcare reform.
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