As of January 1, 2014, the Patient Protection and Affordable Care Act will require all individuals in the U.S. to have some form of health insurance. While this will impact ALL businesses, employers with 50 or more full-time equivalent employees will be required to either provide affordable health insurance coverage for all employees, pay defined penalties and send employees to a Health Insurance Exchange to purchase insurance, or develop a new hybrid health insurance plan.
Eide Bailly is taking a lead on helping its clients comply with this Act. Ross Manson, health care consultant, answers the question, “What penalties are large employers subject to?” in this video. We encourage you to learn more at http://www.eidebailly.com/healthcarereform , as all businesses must comply by January 1, 2014.
Businesses have more choices now than ever before, but determining the best plan can be confusing and complicated. Eide Bailly has developed a proprietary calculator to help you quickly and efficiently analyze your specific situation, so you can select and implement a plan that works well for your company and your employees. For more information, click here: http://www.eidebailly.com/services/health-care-reform