Affordable Care Act
The Patient Protection and Affordable Care Act, also known as the Affordable Care Act (ACA), or colloquially as “Obamacare,” was signed into law in March of 2010 with the goal of increasing the quality and affordability of health insurance for millions of Americans.
While the Act’s employer shared responsibility payments will not apply until 2015, and in some cases, not until 2016, there are provisions and safe harbors to consider and decisions that can be made now that may help businesses, employees and a business’s bottom line. Further, there are many unintended consequences arising out of the ACA that business owners, both large and small, need to consider when administering health care arrangements.
We are carefully following the developments associated with the roll-out of ACA and are providing counsel to business owners and other professionals, helping them to address compliance issues, evaluate exposure to penalties and other tax issues as well as planning strategically for the future.
Affordable Care Act Articles
Real Estate Sale Contracts and Attorneys’ Fees Provisions … What Do They Mean for You?
In Missouri, residential sale contracts are generally boilerplate agreements that contain a number of fill-in-the-blanks which are used to identify the key terms of the sale. These boilerplate agreements almost always contain an attorneys' fees provision tucked away...
What Is the Intent Behind Your Letter of Intent? Should You Even Bother?
This may come as a shock, but contract negotiations are rarely smooth and risk-free endeavors. There are a multitude of issues to consider, from terms of payment, to performance and damages provisions, to choice of law provisions and arbitration clauses, and many more...
New Illinois Pregnancy Law Takes Effect Jan. 1, 2015
A new pregnancy law/amendment to the Illinois Human Rights Act (IHRA) that prohibits discrimination and provides accommodation/protection to expectant mothers during their pregnancy and childbirth will take effect next year. The amendments apply to all Illinois...
No Trade Secrets at Stake in Non-Compete Covenant
Missouri law involving non-compete agreements and trade secrets continues to evolve, as shown by a recent decision of the Missouri Court of Appeals. The Balancing Test: Freedom vs. Protection This much is clear. The law of non-compete agreements in Missouri seeks to...
