Plan Management 2 - What is a Plan?
For the purpose of ACA Reporting, a “PLAN” refers to the single-only, lowest cost coverage available to a given employee classification. Many companies offer plans with multiple tiers, but we are only concerned with the single-only, lowest-cost option.
If a plan has unique pricing depending on the employee classification (for example, Hourly and Salaried employees receive the same plan, but with different costs; or your lowest-cost options vary by state), you should create a separate plan for each of the lowest-cost options.
Next Step: Plan Management 3 - Create a New Plan
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Article Modified on: Tue, Nov 28, 2017 at 2:17 PM
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