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
Overruling Van Deusen: Finally, “Amended” Means Just What the Dictionary Says
It has been well-settled law in Missouri that when it comes to indentures and restrictive covenants limiting the use of real property, the ability to amend such an instrument was to be restricted to only those amendments that lessened, alleviated or made such...
To Stem or Not to Stem? That Is the Question.
This owner of Amighetti’s on the Hill wasn't going to let anyone tell him to cut the stems off his pepperoncini. That and other disagreements with the Amighetti brand led Dominic Consolino to shutter the famed sandwich shop's location in St. Louis' renowned Italian...
What Happens to Your Business if You Can’t Return to Work?
The number of, and the economic powerhouse created by, owner-entrepreneur and family businesses is astonishing. Entrepreneurs and family businesses account for 64 percent of the entire U.S. gross domestic product, generate 62 percent of the country's employment and...
Voting Leave in Missouri: When Are Employers Required to Give Time Off for Voting?
It seems like the campaign ads, especially the negative, bombastic ads, have been hitting all of us for months. Now the mid-term election is just days away (and then, fortunately, the ads will stop). Of course, regardless who wins the elections and what propositions...