Showing your clients the value of your ACA consulting as their employee benefit broker has never been easier. The ACA Scenario Module in Benefits Compass gathers information about an employer, such as their plan design, rates, and employee contributions. Then, simply upload a census of current coverages. The system generates the appropriate reporting, which your client can then access via Benefits Compass, which if of course completely branded to your benefit consulting firm.
Financial Modeling. Reporting to show current year costs, renewal costs, cost of a minimum offering plan, and financial impact of plan termination.
Better Off / Worse Off Analysis. The reporting completely breaks down the employee population to show graphically which employees are better off under different scenarios, and what the impact is financially.
Cadillac Tax. Although not coming into play until 2018, planning ahead for the Cadillac tax is certainly important to your clients.
Module Available Mid-August, 2015.