Health plan decisions that employers will be forced to make in a few years—such as whether to keep coverage or drop it and pay a fine—will be influenced by decisions you’ll make this year and next, said Michael Aitken, SHRM’s director of government affairs. That includes whether your health plan will try to retain its “grandfather” status.
“It might be a wise investment right now to sit down and do some modeling.…You don’t want to be rushing around at the last minute making these changes,” Aitken said.
A recent SHRM survey says about one-third of employers have done some analysis of the law, while another 15% plan to conduct such an analysis (see box below).
Like what you've read? ...Republish it and share great business tips!
Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...
We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.
The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.
" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/16683/employers-schedule-a-health-reform-checkup "