ALEXANDRIA, Va. – Avoiding costly reporting mistakes related to the Affordable Care Act (ACA) can be done by following the steps outlined in yesterday’s free NACS webinar with the legal experts at Steptoe & Johnson. You can view the 90-minute webinar here in its entirety. 

The seminar covered the top 10 common reporting mistakes retailers make for the ACA, including:

1. Failing to coordinate information with vendors and within internal systems
2. Failing to understand the filing process
3. Failing to include employees not paid by the hour (compensation, number of miles driven, payment by the piece)
4. Misreporting an offer of coverage made outside of open enrollment
5. Miscounting 50 full-time equivalents
6. Incorrect use of alpha-numeric codes
7. Incorrect cost of coverage
8. Incorrectly reporting non-employees in self-insured plans
9. Misuse of the reporting safe harbors
10. Failing to file, or failing to file a correct return.

The webinar also gave ways to avoid those missteps, including step-by-step instructions on how to correctly fill out forms related to the reporting mistakes.