This report is run based on your company’s specific measurement period. It can be used to determine if any employee met the eligible hours threshold in a previous measurement and should be or should have been offered coverage. It will also identify if someone’s employment category is incorrectly coded and needs to be changed. This can be run at anytime by entering your standard measurement period start and stop dates found in ACA Measurement Policies.
Please refer to Client Management>ACA Setup Options>ACA Measurement Policies>Ongoing Measurement Periods tab to see how your company is set up. Use the SMP start and end dates for the period you are reviewing.
We recommend running this report after your company standard measurement period has passed. Using screen shot below as an example, this would be 9/30 each year.
***This information is populated in isolved from what was provided by you via BP ACA Client Information Sheet and should be reviewed for accuracy to make sure it aligns with your current company policy***
This report tells you Current ACA Status, Current Hours Met, Lookback Average Hours, Lookback Total Hours, Lookback Period Status and Results.
Current ACA Status- tells you how the employment category is calculating. i.e. Employment Category in isolved is set to Part Time – ACA Employment Status: ACA Variable (by default)
Employment Category is Full Time – ACA Employment Status: ACA Full Time (by default)
Current Hrs Met: tells you whether the employee measured 30 or more hours during measurement period: No or Yes.
Lookback Average Hours- tells you average number of hours of service worked during measurement; based on hours entered in payroll.
Lookback Period Status: tells you what the Employment Category should be based on how the employee measured during the lookback period i.e. Part Time, Full Time, Seasonal, etc.
Results: tells you if any action is necessary. i.e. if hours are less than 30 for a FT employee, it will state to ‘verify ACA status’ to make sure employee has the right category. If a FT employee has met the 30 or more-hour threshold, it will state ‘No action required’. If the employee has met the 30 or more hours threshold, it will state, ‘Offer Coverage, Hours met’.