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What employers must do now to meet Affordable Care Act deadlines

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in Compensation and Benefits,Human Resources

by Ted Lewkowicz, Esq., Bond, Schoeneck & King, PLLC, Syracuse

On June 28, 2012, the U.S. Supreme Court upheld most of the Affordable Care Act (ACA) health care reform law, ruling that all of the act’s provisions are constitutional, other than a portion affecting Medicaid expansion.

Future challenges to implementation of some or all of the ACA are almost certain—through the electoral and legislative processes and additional litigation. However, those challenges are unlikely to result in any significant changes in the requirements of the act. It is extremely unlikely that any changes will occur before the end of this year. 

On your ACA to-do list

That means there are a number of new requirements in the ACA that covered employers will need to comply with in the near future. These include:

•    Finalizing the Summary of Bene­­fits and Coverage (SBC). This is a statement that explains ­­employees’ health benefits, which most em­...(register to read more)

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