What is ACA in work?
Asked by: Mariana Beahan II | Last update: August 9, 2025Score: 4.3/5 (34 votes)
What does the 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 ACA employment status?
Determining employee eligibility
For purposes of the ACA, a full-time employee is anyone who, on average, works 30 hours or more per week or 130 or more hours per month. Employers need to continually track which members of their workforce fulfill this criteria and whether they accept or decline health coverage.
What is an ACA in business?
The Affordable Care Act (sometimes called the health care law, or ACA) established the Small Business Health Options Program (SHOP) for small employers (generally those with 1–50 full-time and full-time equivalent employees (FTEs)) who want to provide health and dental coverage to their employees.
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).
How Does The Affordable Care Act Work?
What does ACA meeting stand for?
Adult Children of Alcoholics & Dysfunctional Families (ACA or ACOA) founded circa 1978 is a fellowship of people who desire to recover from the effects of growing up in an alcoholic or otherwise dysfunctional family. ACA membership has few formal requirements.
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 does ACA mean in employment?
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. An employer's size is determined by the number of its full-time employees, including full-time equivalents.
What is ACA in payroll?
What You Need To Know To Stay on Track and Avoid Penalties. This is a pivotal year for the Affordable Care Act (ACA). Specifically, this is the first year that employers subject to the ACA must track detailed information about health care coverage—including offers of coverage and the full-time status of employees.
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.
What is ACA in staffing?
The Affordable Care Act (ACA) has significantly impacted the staffing industry, placing new responsibilities on staffing firms to ensure compliance. These regulations can be complex, especially for businesses managing a large, fluctuating workforce.
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 the ACA classification of employees?
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.
What is ACA status mean?
This status determines whether an employee is eligible for benefits coverage and should be offered coverage.
What does ACA stand for accountant?
The ACA (Associate Chartered Accountant) qualification is delivered by the ICAEW (Institute of Chartered Accountants in England and Wales)
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.
How does ACA work?
The ACA requires that employers cover their workers and it provides tax credits to certain small businesses that cover specified costs of health insurance for their employees. It created state- or multistate-based insurance exchanges to help individuals and small businesses purchase insurance.
What is ACA calculation?
allocable cost amount (ACA) calculation on joining or leaving a consolidated group. allocation of the ACA to set the tax cost of assets on joining or membership interests on leaving a consolidated group.
What does ACA payment mean?
Signed into law on March 23rd, 2010, The Patient Protection and Affordable Care Act (ACA) is also known as healthcare reform. Healthcare reform is not health insurance. Healthcare reform is law that makes changes to the insurance system. These changes help many more people get health coverage.
What does "aca hours" mean?
Under the Affordable Care Act, full-time employees work an average of either 30 hours or more in a week or 130 hours during the month. Employers with over 50 full-time employees must comply with ACA requirements. Full-time employees who work at least 30 hours per week in any month are counted as one full-time employee.
What is an ACA in contracts?
ASSOCIATE CONTRACTOR AGREEMENT (ACA). It is recognized that success of the Program depends in part upon the open exchange of information between the various Associate Contractors involved in the effort.
What is ACA in income tax?
The Affordable Care Act calls for all taxpayers to do at least one of three things: Have qualifying health insurance coverage for each month of the year. Have an exemption from the requirement to have coverage. Make an individual shared responsibility payment when filing federal income tax return.
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 is the ACA code for part time employees?
The employer cannot enter 2C on Line 16 because the employee was not enrolled in coverage for every day of the month. Alternatively, the employer should enter 2B to indicate that the employee was not a full-time employee for the entire month.
What does ACA stand for in banking?
Agricultural credit association (ACA)
An ACA obtains funds from a farm credit bank or an agricultural credit bank to provide short-, intermediate-, and long-term credit to farmers, ranchers, producers and harvesters of aquatic products, and to rural residents for housing.