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Affordable Care Act Compliance: Avoiding Budget Wrecker Scenarios

AFFORDABLE CARE ACT COMPLIANCE: AVOIDING BUDGET WRECKER SCENARIOS

Cost Free
Presentation Length 1.0 hour

Recorded DateOctober 31, 2023
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaSpecialized Knowledge
Course LevelBasic
Course Description

Threats to your budget are everywhere. You may think your Affordable Care Act (ACA) compliance is fine on autopilot, but our experience says otherwise. Employers across the country are receiving budget-wrecking penalties for mistakes they didn’t even know they were making.

In this webinar, the presenter will explore the various ways in which the ACA can become a budget wrecker, causing unexpected costs and financial setbacks for employers who are not prepared. The presentation will highlight common mistakes and oversights that can lead to ACA-related expenses such as failing to track employee hours or overlooking IRS reporting requirements. The presenter will also provide practical tips and strategies for avoiding budget wrecker scenarios, including best practices for managing data collection and reporting, engaging with employees to communicate about their coverage options, and staying up to date with regulatory changes.

Learning objectives:


  • Recognize the financial risks associated with ACA compliance, including common budget wrecker scenarios and unexpected expenses that can impact an organization's budget

  • Identify ways to avoid budget wrecker scenarios, including best practices for tracking employee hours, managing data collection and reporting, and engaging with employees to communicate about their coverage options

  • Evaluate tools and resources available to help organizations avoid budget wrecker scenarios and achieve ACA compliance

Not logged
PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE

Kim Bruggeman

ACAChamp
Affordable Care Act (ACA) Compliance Consultant
[email protected]

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Kim Bruggeman is an Affordable Care Act Consultant. Her primary responsibility is to assist employers in navigating the compliance requirements set forth by the ACA. She provides practical education to advisors and employers and gives requested presentations to groups and associations. She has more than 30 years of experience in benefits and has served in several capacities in the Life and Health Insurance industry. Prior to her current role, Kim worked as a project manager supporting several areas at American Fidelity. She holds a bachelor’s degree in Marketing from the University of Central Oklahoma and a Master of Business Administration from Southern Nazarene University. In addition, she holds her life and health license, Employer-Sponsored Plans ACA Certification with NAHU, and is a certified Master Project Manager. 

About Our Presenter

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At ACAChamp, we build solutions designed to simplify the complex compliance and cost-management challenges our clients face. From our purpose-built ACA compliance software to our broad compliance services, we deliver innovative answers to today’s most pressing benefits questions.