Whether you’re a business owner or the CEO of a publicly traded company, you may be thinking that running an organization, taking care of customers and managing a workforce in hopes of achieving a healthy bottom line is enough on your plate. Think again.
Where employee benefits and compensation previously occupied a bullet point on page two of your annual business plan, this line item now requires its own compliance strategy, a task force, additional accounting staff, and outside consultants to predict, project and prepare for the impact of the ever-morphing law known as the Affordable Care Act.
This legislation is complicated and difficult to understand for even professionals trained to understand it. Moreover, it is harder to comply with a law that continues to be rewritten, revised... [ MORE ]