Health Care Reform and the Small Employer

Health Care Reform and the Small Employer

In June 2012, the U.S. Supreme Court upheld the constitutionality of the individual mandate provision of the Affordable Care Act (ACA). Now that Health Care Reform is a reality, the ADP Research Institute®, a specialized group within ADP®, wants to gain insight into employers’ attitudes, preparedness and concerns regarding ACA requirements and compliance, as well as the future of U.S. healthcare benefits.

In early 2013, the ADP Research Institute surveyed human resource and employee benefits decision makers in a national sample of small U.S. companies (1-49 employees). Findings show that there is a lack of confidence among both employers and employees in their understanding of responsibilities required by the ACA and the impact on choices. In addition, while some employers have begun assessing risks of noncompliance, a sizeable amount have not. And, uncertainty abounds around public and private Health Insurance Marketplaces (aka ”Exchanges”).