While employers that are affected by the Affordable Care Act (ACA) have had several years to prepare to meet the law’s complex requirements, an important question is: how prepared is your organization to demonstrate compliance?
If you’re an employer with over 50 employees, and one decides to seek subsidized health coverage from an Insurance Marketplace/Exchange, you’ll likely face a complex web of paperwork, regulations, and processes driven by Exchange Notices. How you respond to Exchange Notices makes all the difference between remaining compliant with Affordable Care Act (ACA) regulations, and facing significant penalties.
The U.S. Supreme Court’s ruling to uphold most of the constitutionality of the Affordable Care Act (ACA) has vaulted Health Care Reform issues to the top of the list of concerns affecting midsized businesses. Review the findings that highlight the need for continued vigilance in the area of compliance.
Now is the time to start recording information about health coverage so you stay in compliance with the Affordable Care Act (ACA).