What does ACA mean in employment?
Asked by: Einar Ledner | Last update: December 22, 2025Score: 4.4/5 (15 votes)
What does ACA mean for employers?
The Affordable Care Act (ACA) was designed to encourage employers to provide timely, affordable and appropriate health benefits to eligible employees. While this may sound basic in principal, it's really just the tip of the iceberg.
What does a ACA stand for?
Affordable Care Act (ACA) The comprehensive health care reform law was enacted in March 2010. The law has 3 primary goals: Make affordable health insurance available to more people.
What is the HR term ACA?
The Affordable Care Act (ACA) is the most common name and abbreviation HR professionals use for The Patient Protection and Affordable Care Act.
What is an ACA employee classification?
A full-time employee works an average of 30+ hours of service per week (130 hours per calendar month) and is reasonably expected to work. A part-time employee works an average of less than 30 hours of service per week and is reasonably expected to work.
The Affordable Care Act (ACA) Explained: Understanding Obamacare
What does ACA stand for in payroll?
The Affordable Care Act, or health care law, contains benefits and responsibilities for employers. The size and structure of your workforce determines what applies to you.
What is ACA eligibility?
The Affordable Care Act (ACA), also known as Obamacare, gives most uninsured people in the U.S. access to health insurance as long as they are U.S. citizens who live in the country or noncitizens who are lawfully present, not incarcerated, and not covered by Medicare.
What is ACA status mean?
This status determines whether an employee is eligible for benefits coverage and should be offered coverage.
What does ACA code stand for?
The IRS has created two sets of Affordable Care Act (ACA) codes to provide employers with a consistent way to describe their medical benefit offerings to their employees.
What is the ACA hour rules?
If an employee is credited with an average of 30 hours per week or more during the Standard Measurement Period, the employee would be eligible for benefits for the upcoming plan year. The Stability Period is the period of time that the employee cannot lose eligibility regardless of the hours he works.
What does ACA mean in qualification?
The ACA (Associate Chartered Accountant) qualification is delivered by the ICAEW (Institute of Chartered Accountants in England and Wales) The ACCA qualification is delivered by the ACCA (The Association of Chartered Certified Accountants).
What is ACA reporting for payroll?
The purpose of California ACA reporting is to ensure that state residents comply with the obligation to obtain MEC. It also allows the California Franchise Tax Board (FTB) to determine whether an employer offered the amount of coverage required by law.
What does ACA stand for in social work?
Implementation of the Patient Protection and Affordable Care Act of 2010 (ACA) offers a number of unique opportunities to leverage the critical role of social workers in the American health care system.
Why does ACA stand for?
In the field of accounting, the associate chartered accountant (ACA) qualification is a designation administered by the Institute of Chartered Accountants in England and Wales (ICAEW).
What is ACA work?
The Affordable Care Act (ACA) is a comprehensive reform law, enacted in 2010, that increases health insurance coverage for the uninsured and implements reforms to the health insurance market.
How do I know if my employee is ACA eligible?
The predefined period is known as the "measurement period" or ACA lookback period. If the employee's average hours per week are 30 or higher, that employee is considered full-time for purposes of the ACA (regardless of HR full- or part-time status).
What is the ACA code for?
The ACA Code of Ethics serves five main purposes: 1. The Codeenables the association to clarify to current and future members, and to those served by members, the nature of the ethical responsibilities held in common by its members.
What does ACA stand for in compliance?
ACA compliance refers to adhering to the Affordable Care Act (ACA) regulations, which require employers to provide health insurance coverage that meets minimum standards and report coverage details to the IRS. Compliance ensures that businesses avoid penalties and maintain lawful health benefit practices.
What is the ACA code for not employed?
- Line 14- Code 1H (No Offer of Coverage) is used during the months the employee was not employed. ...
- Line 15- No amount needs to be listed since Code 1A is used on Line 14.
- Line 16- Code 2A is used for the months the employee was not employed.
What does the ACA stand for?
The “Affordable Care Act” (ACA) is the name for the comprehensive health care reform law (passed in 2010) and its amendments.
What are the ACA requirements for employers?
Employers must offer health insurance that is affordable and provides minimum value to 95% of their full-time employees and their children up to the end of the month in which they turn age 26, or be subject to penalties. This is known as the employer mandate.
What is the employment status code?
In terms of company-level configuration, Status Codes define an employee's current employment status. Within the company settings, Status Codes are categorized into four Status Types: Active (A), Leave (L), Onboarding (O), and Termination (T).
What level is ACA qualification?
The ACA is comparable to a UK Master's degree or a postgraduate diploma. UK NARIC (the UK government's agency for the recognition and comparison of international qualifications and skills) recently completed an independent review of the academic level of ICAEW CFAB and the ACA.
Who is the ACA mandatory for?
Residents of California, Massachusetts, New Jersey, Rhode Island, and Washington, D.C. are required to buy health insurance or face a penalty, unless they have an exemption. Maryland and Vermont require residents to report their health insurance status but do not have a financial penalty for being uninsured.