Transamerica Offers Employers Customized Solution for ACA Reporting
Cloud-Based BenefitScape® provides employers a customized approach
LITTLE ROCK, Ark. (Nov. 16, 2015) – As 2016 approaches, so do employer deadlines for Affordable Care Act (ACA) reporting requirements.
In addition to providing simple solutions that meet voluntary life and supplemental health insurance needs, Transamerica Employee Benefits is dedicated to ensuring that essential ACA reporting resources are available to businesses.
Transamerica now offers employers access to BenefitScape®, an independent, personalized service, enabling them to save valuable time and resources in designing a customized approach that reflects their specific ACA reporting requirements.
Access to what you need
Given the IRS may impose penalties for failing to file, or for filing incorrect or incomplete information on Forms 1094-C and 1095-C, this cloud-based application ensures employers have access to the support they need. BenefitScape® offers expert guidance in all areas of ACA compliance including, ACA technical support, requirements analysis, business user portal, IRS reporting, and archiving.
“Transamerica is committed to offering the expertise and essential resources to enable employers to successfully navigate and comply with the mandates of the Affordable Care Act,” said Brian Thompson, senior vice president, Transamerica Employee Benefits. “This service takes the guesswork out of the sometimes complex guidelines, enabling employers to keep their focus on achieving key business objectives and meeting year-end goals.”
To learn more about this valuable resource and other solutions Transamerica has to offer, visit TransamericaEmployeeBenefits.com.
With a history that dates back over 100 years, the Transamerica companies are recognized as leading providers of life insurance, savings, retirement and investment solutions, serving millions of customers throughout the United States. Transamerica works to Transform Tomorrow® for those who entrust its dedicated professionals with their financial needs, helping them take the necessary steps to achieve their long-term goals and aspirations.
Transamerica’s corporate headquarters are in Baltimore, Maryland, with other major operations in Cedar Rapids, Iowa. Transamerica is part of the Aegon group of companies. Aegon is one of the world’s largest providers of life insurance, pension solutions and asset management products, operating in over 25 markets worldwide with some 28,000 employees. For the full year of 2014, Aegon managed $675 billion in revenue generating investments. www.transamerica.com
BenefitScape® is a nationally recognized thought leader and innovator in the development of technology based employee benefit communication, administration and compliance solutions to assist employers in managing their Affordable Care Act (ACA) shared responsibilities.
Since 1985 BenefitScape has been providing leading edge technology solutions to assist employers in managing their employee benefit plan responsibilities in an innovative, efficient and cost effective manner. Our approach to ACA compliance continues this legacy. BenefitScape® has created a cloud based compliance platform that minimizes the client effort necessary to provide data, review results and expend production resources. www.benefitscape.com