A good benefits administrator will know and understand what a business is faced with on the ACA time-line of provisions.
Since 2010 (the inception of the ACA), through 2018, there are different provisions that kick in each year. I like to be very proactive and know what these are. We’re certified and trained to keep you as a business owner compliant. Non-compliance can come with a very heavy price.
I would also like to mention that anyone in our industry that is working with you, your insurances and your assets, has a fiduciary responsibility to make mention of this. If this is not their specialty, they should definitely ask you to contact the person of your choice so that you can educate yourself on what you need to do as a business owner to be compliant. This is a federal law. It is important. If you are direct with an insurance carrier and you have your internal HR person responsible for this, shame on you.
This area of insurance demands training and certifications and ongoing and continuing education to remain current. This is not something you should expect of a non-insurance licensed or actively working person to know. You would look foolish at the end of the day if this was your expectation. Therefore, you need an agent involved to work in your best interest as a benefits manager. Please call me.