Alden Bianchi will present. “The Affordable Care Act Series – Session 1," to the New York Staffing Association.
Mr. Bianchi will give a brief review of the sections of the ACA which go into effect in 2013 and in 2014 including the Act's most important provisions affecting employers. These include the "employer shared responsibility" rules which seriously impact the staffing industry. This section will provide an overview of the definitions, regulations, and compliance issues all staffing companies should be aware of before January 1, 2014. As negotiations continue over the next few weeks, there will be political pressure to further increase spending for regular extended unemployment compensation and for emergency unemployment compensation-despite the fact that unemployment rates are decreasing and that the account funded by employer-paid taxes to cover regular extended benefits is already $20 billion in deficit. ASA has joined other trade associations and more than 25 state chambers of commerce in a letter reminding congressional leaders that now is not the time to increase payroll taxes paid by employers and that it is imperative that any deal that is struck between the White House and Congress not make it more costly for businesses to hire employees.