Over the past several years, the nature of the workforce has been rapidly changing. Technology continues to transform the way people work, and fluctuating economic demands shift workforce needs more frequently than in the past.
As more workers have become eligible for health benefits than in the past and face the possibility of penalties for lack of coverage, employees must also remain informed and strategic about the benefits they elect.
As employers prepared for the 2015 effective date of the Employer Shared Responsibility provisions of the Affordable Care Act (ACA), some industry observers predicted companies would move many employees (who worked 30 to 34 hours a week) into higher or lower hourly categories.
The 2015 edition of the ADP® Annual Health Benefits Report addresses questions related to health benefits trends, including the ACA impact which was signed into law more than five years ago.