Gain a Competitive Advantage on Health Care Reform

Affiliated Staffing Group

Event Info

  • Date:

    11.1.2012

  • Time:

    1:00 pm - 3:00 pm EST

  • Location:

    Miami, FL

Topics

  • The Affordable Care Act, Employer Shared Responsibility and the Road Forward for Staffing Firms
    (Alden J. Bianchi, Speaker )
Now that the Supreme Court has (for the most part) upheld the Patient Protection and Affordable Care Act, employers are faced with very real compliance challenges and deadlines. Certain of the Acts provisions—e.g., relating to W-2 reporting, Summaries of Benefits and Coverage, and the $2,500 cap on elective medical FSA elections—go into effect in 2013 or sooner and in 2014, the Act’s most important provisions affecting employers become law. These include the Act’s “employer shared responsibility” rules (a/k/a the “pay-or-play” mandate). The challenges and burdens of complying with the pay-or-play rules weigh most heavily on the staffing industry as well as other industries (e.g., franchise, retail, and hospitality) that employ large numbers of variable and contingent workers. From and after 2014, other rules come on line relating to an expansion of access to state-based insurance exchanges by employers and the tax on “Cadillac” plans. This presentation will explore these and other coming challenges that staffing firms will face as they endeavor to come into compliance.