Date post: | 20-May-2015 |
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Business |
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Ask, Share, Learn – Within the Largest Community of Corporate Finance Professionals
The Simplified Guide to the Affordable Care Act For Organizations Over 100 Employees
• Discover how to make the Affordable Care Act (ACA) work for your bottom line
• Identify how to eliminate 10%-30% of aggregate claims utilizing provisions in the Affordable Care Act (ACA)
• Determine how, or if, your company’s benefit plan design needs to evolve in response to the ACA
Learning Objectives
After attending this event you will be able to:
Welcome to Proformative
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A resource where corporate finance and related professionals excel in their careers through: • Uniquely valuable, online Peer Network
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• Valuable Features and Resources
All of it completely noise-freeCheck it out at www.proformative.com
Ask, Share, Learn – Within the Largest Community of Corporate Finance Professionals
The Simplified Guide to the Affordable Care Act For Organizations Over 100 EmployeesCraig Lack, CEO, ENERGI
Note
• This presentation is designed to provide a general overview of certain requirements of the Affordable Care Act and should not be relied on as legal or tax advice. Federal and state laws and regulations are subject to change. Seek professional advice regarding how the new requirements will affect your particular circumstances from an independent tax advisor or legal counsel.
*Information may have changed since release date
• The Basic Fundamentals
• No Politics
• Pragmatic
• Unintended Consequences
$130 Billion Dollars!
• (CBO) Budget and Economic Outlook 2014-2024
• Large employer penalties
• 18 months before penalty assessment
• Employer must refute penalty documentation
Penalties
• $2,000 non deductible penalty PEPY
• $3,000 non deductible penalty PEPY
• $100 per employee per day
The Enterprise Healthcare CFO Poll
• Harris Poll 2014 of 137 US CFOs with 1,000+ employees
• HC costs drain company resources that could be better used for other purposes
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81%
The Enterprise Healthcare CFO Poll
• CFOs feel powerless when it comes to managing their company’s healthcare spending
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80%
Compliance Is A Moving Target
• 40+ significant changes to the ACA• Former WH Press Secretary Robert Gibbs• The clock is ticking
“Ignorance is the parent of fear”
- Herman Melville
How Can Anyone Figure This Out
• 2,800 pages to start, 28,000+
• Media reports agenda driven
• Learn the basics – start thinking strategically
The Simplified Guide to the Affordable Care Act for Organizations Over 100 Employees
Thank you for your interest in this presentation.
View the on-demand webinar or download the full presentation at:
www.Proformative.com