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
Does Smartphone Use Require Overtime Pay?
The year was 1938. The New York Yankees were playing the Chicago Cubs in the World Series. The Cubbies came up on the short end of a 4-0 sweep. The romantic-comedy film "You Can’t Take It With You" garnered Academy Awards for Best Picture and Best Director, Frank...
Notice to Employees of Coverage Options Due October 1, 2013
The Patient Protection and Affordable Care Act ("ACA") requires that all employers covered by the Fair Labor Standards Act notify their employees by Oct. 1, 2013, of the coverage options available to them through the Health Insurance Marketplace. Who Must Provide the...
Employment Contracts: The Fine Line Between a "Definite Statement of Duration" and a Mere "Salary Equation"
On April 1, 2011, Michael R. Tettamble, Jr. ("Tettamble") and TCSI-Transland, Inc. ("TCSI"), signed an employment contract which provided that Tettamble's compensation would be "$1,250 per week for 52 weeks = $65,000." Tettamble began employment with TCSI on April 4,...
High Court Ruling Confirms Who’s the Boss
The Supreme Court of the United States recently decided who constitutes a "supervisor" for the purpose of analyzing harassment claims under Title VII of the Civil Rights Act of 1964. The Court's ruling in Vance v. Ball State University is significant because it has...
