Unicorn HRO, an industry leader in benefits, payroll and HR solutions, today announced it is providing employers with ACA compliance solutions from Tango, the industry leader in ACA compliance software-as-a-service (SaaS) and solutions.
“The complexities of the ACA and its numerous regulations are creating significant challenges for our employer clients,” said Anthony Pascazio, CEO and President of Unicorn HRO. “Tango’s software and services seamlessly integrate with our payroll and benefits platforms and deliver a user-friendly and comprehensive solution that eliminates complexity, mitigates the risk of noncompliance penalties, and helps organizations control costs.”
Under the agreement Unicorn HRO will be offering Tango’s unique combination of powerful software-as-a-service (SaaS) technology with a full-service lineup, including:
Employee notifications of health benefit options
Health benefit outplacement for part-time employees through Tango’s Health Source Network™
Health exchange inquiry verification management
Tango’s ACA compliance suite (SaaS) that delivers:
o Variable hour employee tracking and management
o Health benefit budgets and targets down to department level and
proactive alerts to scheduling managers
o Compliance testing on subsidiary-by-subsidiary basis including 50 FTE rule, 95% rule, applicable safe harbors
o A full audit trail allowing organizations to recreate their compliance status and benefits eligibility by employee at any point in the past – crucial when appealing penalty calculations from the IRS
o Modeling and decision support, helping HR departments test alternatives and optimize plan design and eligibility thresholds
o Internal and governmental reporting
“With Tango, Unicorn is proactively helping employers to control costs, manage compliance risk, and educate employees surrounding the ACA,” said Duncan Van Dusen, Co-Founder and CEO of Tango. “Our integration with Unicorn’s benefits and payroll data provides a view of each organization’s compliance status, forward-looking variable hour employee benefits eligibility, and potential financial impact. Together, we equip every customer with the ability to manage their benefits eligible population and help those that are not eligible to secure benefits through the exchanges.”
“Tango is the only solution that we’ve found that lets you set department-level health benefit budgets and alerts you when you start trending outside of your set goals,” continued Pascazio. “We’re excited about providing these services to our customers to alleviate the burden on HR departments that are trying to manually manage ACA compliance requirements.”