Proposed Colorado Cares to be Voted on in 2016

Even though the Affordable Care Act has been passed and upheld by the courts, certain taxpayers are suggesting more reforms to the health insurance system. In Colorado, there is currently a group proposing an alternative that would create an independent Colorado health care financing system. The drafters of the new health payment system intend for it to provide payment for health services for residents. The new health payment system would be funded by an additional 10% payroll tax on Colorado residents.  An opinion piece in the Denver Post outlines this plan.  The Colorado Cares website also has additional information about the initiative and the proposed bill.

Role of the CPA in the Affordable Care Act

The Affordable Care Act contains complex regulations and ever-changing updates. As your CPA, we are responsible to stay on top of these changes in order to best serve you. The Journal of Accountancy compiled a list of the top 10 things CPAs should know about the Affordable Care Act.  It’s a good read for us…and for you.

Eide Bailly has taken a lead role in understanding the Affordable Care Act. We are helping clients understand the Act and the options they have to comply. We are also helping clients with the reporting and filing requirements. Please contact your Eide Bailly service provider for additional information or questions.

Video: Do You Have a Grandfathered Health Insurance Plan?

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, “Do you have a grandfathered health insurance plan?” 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

VIDEO: Am I a Large Employer or a Small Employer?

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, “Am I a large employer or a small employer?” 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