HR Glossary

What is ACA - Affordable Care Act?

A US federal law enacted in 2010 that requires applicable large employers (50+ full-time equivalent employees) to offer affordable, minimum-value health insurance to full-time employees or face employer shared responsibility penalties from the IRS.

Why it matters in hiring

ACA - Affordable Care Act comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with A

• AAP - Affirmative Action Plan
• Abandonment Rate
• Abilene Paradox
• Absconding
• Absenteeism
• Absenteeism Rate
• ACAS - Advisory, Conciliation and Arbitration Service
• Accessibility

Part of the springhire HR glossary, 1,150+ HR, payroll and recruiting terms defined. Free, no signup.