Regulatory Compliance

CBO estimated that IRS will collect $228 Billion in ACA penalties.

Outthink RiskSM with our
FREE ACA Penalty Risk Assessment.

We have saved organizations over
$500 million in ACA penalties, so far.

With a world-class Net Promoter Score of 75, Trusaic is trusted

by robust and innovative companies worldwide.

For brokers  |  For employers

In just 24 hours, Trusaic can identify any potential ACA exposure an employer may have – and help employers proactively fix such issues ahead of the IRS.
Best of all, Trusaic’s ACA Penalty Risk Assessment (PRA) is available absolutely FREE.

 

To get started, complete the contact form on this page – or reach out directly to Gregg Kasubuchi at (213) 355-5108 or gkasubuchi@trusaic.com. We look forward to speaking with you.

 

Keep in mind, many employers have exposure.

Let’s talk about how our FREE PRA can benefit you, whether you’re an insurance broker or an employer.

 

For brokers

If you're a broker, you can sell more policies and help your prospects and current clients by recommending our PRA to them.

 

As a broker, let prospects know that we can calculate their ACA exposure – and help them proactively fix potential issues to avoid receiving Letter 226J from the IRS. Because HR and payroll people aren’t necessarily experts with regard to the ACA, showing them they have exposure creates an opportunity for you to position yourself as a knowledgeable and trusted advisor.

 

The PRA can also provide a proactive wellness check for your existing clients – that is, show them where they stand and fix any issues moving forward, especially if they have received an IRS 226J penalty in the past for failing to meet Employer Mandate ACA responsibilities. This helps build clients’ confidence that you’re looking out for them with regard to risks that could harm their businesses, and help them meet ACA filing deadlines in the future.

 

For employers

If you're an employer or otherwise manage ACA Employer Mandate compliance for your company, our FREE PRA is something you should definitely talk to us about.

 

Low-income, high-turnover industries, where over 90% of employees decline employer-provided health insurance, can benefit most from a PRA. If only 3% percent of hourly employees take the insurance your company offers, it means you don’t know what more than 90% of your workforce is doing for insurance.

 

If your employees end up purchasing insurance from an exchange, because their income is under $50,000, they’ll get a Premium Tax Credit, or PTC. The exchange prepares an information tax return, and the IRS will assume these returns are correct and reconcile the PTCs identified in them against your company’s 1095-C. They’ll see which employees were actually offered coverage, but said they weren’t, or if your company didn’t comply with the law – in which case, your company will get a penalty letter and will have the burden of proof against the IRS.

 

In just 24 hours, we can analyze 1094-C and 1095-C filings you’ve submitted to the IRS, and replicate what the IRS does in terms of analyzing the returns. We assess your “A” & “B” penalty exposure, coding errors, unnecessary forms – and most importantly, whether or not your compliance percentage is above the 95% marker. As an employer, HR manager, or similar, you can see the value in being able to proactively deal with this.

 

It’s easy to get started.

All you have to do is provide Trusaic with the 1094-C and 1095-C filings (.xls or .csv) … and we’ll do the analysis absolutely free and in a secured environment.

 

So, what do you have to lose? Only the cost and hassle of dealing with IRS penalties! Contact Trusaic today.

Sign up for an ACA Penalty Risk Assessment