AUSTIN, Texas--(BUSINESS WIRE)--Tango Health has been chosen by Synopsys Inc., the Silicon to Software™ partner for innovative companies developing the electronic products and software applications we rely on every day, to provide Affordable Care Act (ACA) compliance software and services. Tango will help Synopsys Inc. gather employee data to determine eligibility and affordability for health care benefits, and prepare 1095-C forms for reporting compliance to the IRS.
As the world’s 16th largest software company, Synopsys needed a vendor that could accurately compile and track all the data needed to correctly report ACA compliance. Synopsys has a long history of being a global leader in electronic design automation (EDA) and semiconductor IP and is also growing its leadership in software quality and security solutions. Synopsys Inc. wanted a vendor that could meet their quality and security expectations and after considering multiple vendors, Synopsys chose Tango Health.
Although Synopsys has a stable workforce, they understand the intricacies of compliance with the IRS requirements and the financial risks that could result from inaccurate 1095-C reporting. Tango’s fully outsourced solution, expert guidance, and the full-service support provided by an ACA Concierge are a few of the reasons Synopsys selected Tango as their vendor.
Scott Van Horn, Tango Health’s Vice President of Client Services, explains, “Tracking hours and gathering the data required for ACA compliance is complicated. The Employer Mandate forces companies to prove each employee received eligible and affordable health coverage. Companies with large workforces often don’t have the time or resources to accurately compile all the disparate information needed. Tango provides the services these large employers need, as well as software to simplify complex scenarios.”
To find out more about the ACA Compliance Suite from Tango, visit: http://www.tangohealth.com/services/aca-compliance.
About Tango Health
Tango Health Benefits Optimization saves organizations money, makes employees happy, and ensures regulatory compliance with the Affordable Care Act (ACA). Comparison tools help employees choose plans based on their needs, and provide savings for both the employee and the employer. Education keeps employees engaged, and Tango experts simplify and manage regulatory compliance to minimize risk.