The employer mandate for the Patient Protection and Affordable Care Act (ACA) went into effect for most employers on January 1, but many individuals and some employers are still unclear on how the ACA requirements impact them.
So, is your company required to report? Do small companies have to report?
At times there may seem to be an almost never-ending stream of administrative tasks to carry out, and although you may be able to defer some from time to time, there are certain jobs which need to be carried out on time in order to avert a disaster.
SCO Communications, an Indianapolis-based audio/visual equipment installer, has provided health insurance for its 100 employees for more than 40 years, but when CEO Chip Roth was faced with 40 percent price hike on the company’s plan last year, he realized he needed to make a change.