How will ACA Lowest Affordable Rate be Determined on 1095C?
(Doc ID 2062163.1)
Last updated on NOVEMBER 09, 2023
Applies to:
PeopleSoft Enterprise HCM Human Resources - Version 9.1 and laterInformation in this document applies to any platform.
Goal
Q1: How is the lowest affordable rate is going to be determined by PeopleSoft in order to be filed in 1095C
a. for Benefits Administration?
b. for Base Benefits?
Q2: Is there be an way to override the lowest affordable rate on the 1095-C/1094-C Reporting?
Q3: In HCM BB and ACA, is there delivered functionality that will take the salary bands on medical plan rates into account, when the Line 15 amounts are created in the Data Extract?
Solution
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In this Document
Goal |
Solution |