ACA
The federal law requiring applicable large employers to offer affordable health coverage to full-time employees and report annually on coverage offered.
In more detail
Applicable large employers (fifty or more full-time-equivalent employees) face two ACA-related obligations: offer affordable, minimum-essential coverage to full-time employees and report on coverage via IRS Forms 1094-C and 1095-C every January.
Penalties for failing to offer coverage or for offering unaffordable coverage are calculated per employee per month. The reporting penalties are smaller but compound across forms.
Where this shows up at Ceven
Ceven assembles the ACA reporting pack continuously from the HRIS plus the benefits enrollments. The 1094-C and 1095-C drafts are ready by mid-January rather than the late-January scramble most teams experience.