Are You Ready for the Affordable Care Act?

By: Andrew McRoberts, Editor. This was posted Tuesday, March 19th, 2013

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Are you a “large employer” and are you ready for the Affordable Care Act?  Beginning January 1, 2014, most U.S. citizens and legal residents will be required to have qualified health care coverage pursuant to the Affordable Care Act (“Act”).  

The Act requires employers defined as “large” to offer that coverage for its “full-time” employees or pay a penalty.  Employers must act now to determine if they are required to provide that coverage (or pay a penalty), and to determine which employees are “full-time.”  The look-back periods for determining large employer status and for determining full-time status must begin in 2013. 

You must determine now: (i) if you are an applicable large employer under the Act, (ii) if so, which employees must be offered health care coverage, and (iii) what penalties you may face for not offering coverage.    Much has been written, and new guidance issues almost daily,but the Sands Anderson Workplace Law Blog has an excellent checklist.  Included there is general ACA guidance in response to questions such as:

1.      Are You a “Large Employer” Subject to the Act?

2.      What Are Minimum Essential Coverage, Affordability, and Minimum Value?

3.      How Do You Determine Which Employees You Offer Coverage to and When the Coverage is Offered?

4.    Play or Pay?

Check out the blog post

Given the differences between private employers and public employers, there may well be different results for local governments under some circumstances, such as in determining status as a”large employer,” so getting good advice is essential.  Sands Anderson stands ready to assist both public and private employers with compliance with the Affordable Care Act.

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