Enacted in 2006, the Health Care Security Ordinance (HCSO) applies to all employers with 20 or more employees and requires the employer to contribute a set dollar amount for healthcare for each hour worked by their eligible employees. The employer must perform quarterly and annual reporting to ensure compliance.
The Affordable Care Act (ACA) does not change or cancel the requirements as set forth the HCSO*, however, it does affect how employers may comply with the HCSO.
Benefaction Insurance performs SF HCSO compliance and reporting for many of our clients. We are intimately familiar with each requirement and nuance of the HCSO and strategically design benefit programs and calculate employer contributions to satisfy the ordinance requirements. Additionally, we can perform the necessary quarterly and annual analysis and reporting, as well as handle any required additional payments.
In addition, San Francisco has many other local ordinances that require administration such as Commuter Benefits, Paid Sick Leave and Paid Family Leave. Benefaction Insurance can provide full administration for these ordinances or partial administration depending on your specific needs.