The ACA has really opened up an administrative need within the health insurance marketplace and that’s where we saw the role of the adviser begin to change.
- Data quality management reports: “We know with the ACA that accuracy is key,” Tunney says. “We work with clients to make sure their source system has accurate information and I can tell you that every single client we have had to date has had some type of data quality issue.”
- Health insurance eligibility: The software tracks and reports on employee eligibility for health insurance benefits.
- Analysis on affordability: With this service, ACACS has the ability to model for an employer what affordability looks like or is projected to look like for an employee base. While not just an important tool for employers, Tunney says this service allows their adviser partners and their employer clients to have a “very important discussion about how to set a strategic employer contribution strategy.”
