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American Benefits Council Preparing for PACA Webinar Session #16: Employer Responsibility Guidance (Definition of “full time employee & 90day waiting periods)Seth T. PerrettaOverview of Today's
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Preparing for PPACA involves gathering and reporting information about health insurance coverage and compliance with the Affordable Care Act.
Employers with 50 or more full-time employees or equivalents are required to file preparing for PPACA.
Preparing for PPACA can be filled out electronically through the IRS Affordable Care Act Information Returns (AIR) system or through approved vendors.
The purpose of preparing for PPACA is to ensure compliance with the reporting requirements of the Affordable Care Act and to provide information about health insurance coverage to the IRS.
Information such as employee names, social security numbers, health insurance coverage details, and offers of coverage must be reported on preparing for PPACA.
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