Health Care Reform Talk is focused on keeping businesses and individuals informed about the constantly changing Health Care Reform landscape. Eide Bailly has the expertise and experience needed to help businesses make informed decisions. Understanding the monetary impact of providing and/or not providing insurance and analyzing the broader impact the decisions may have on your business is important. Eide Bailly’s team of Health Care Reform Specialists has made it a priority to remain current, ask the right questions and educate others on Health Care Reform. Join us in the conversation.
About Health Care Reform
The Patient Protection and Affordable Care Act requires all individuals in the United States to have some form of health insurance by January 1, 2014. This act affects all businesses; however, large employers with 50 or more full-time equivalent employees will be required to:
- Provide affordable health insurance coverage for all full-time equivalent employees
- Elect not to provide health insurance coverage, pay defined penalties, and send employees to a state, regional or federal exchange to purchase insurance, or
- Develop a new hybrid plan.
Businesses have more choices now than ever before; but they must make a decision and implement their plan by the Jan 1, 2014, deadline. For more information on health care reform, we encourage you to visit our website.
This blog is produced and published by Eide Bailly and distributed with the understanding that the information contained does not constitute legal, accounting or other professional advice. It is not intended to be responsive to any individual situation or concerns as the contents of the publication are intended for general informational purposes only. Readers are urged not to act upon the information contained in this publication without first consulting competent legal, accounting or other professional advice regarding implications of a particular factual situation. Questions and information for publication can be submitted to your Eide Bailly representative.