Why Should You Attend:The Patient Protection and Affordable Care Act (PPACA) may fundamentally change the American healthcare and health insurance industries. PPACA will also offer very generous financial subsidies to low-and moderate income individuals who take advantage of state Health Insurance Exchanges. At the same time the law imposes financial penalties on employers who do not offer coverage. Health reform offers employers an opportunity to re-evaluate their business financials and total compensation strategy to determine if not offering coverage and paying the penalty makes more financial sense.
The purpose of this session is to help employers determine if it makes financial sense to offer employer-sponsored health coverage or direct employees to state Health Insurance Exchanges and compensate employees in other ways such as increasing base pay or enhancing other employee benefits to minimize the impact of PPACA.
Learning Objectives:At the end of this session you will be able to:
- Determine the financial cost of providing employer-sponsored health coverage.
- Determine the financial cost of not providing employer-sponsored coverage.
- Evaluate the financial impact of both health coverage options on an employer.
- Evaluate the total compensation strategy for employees.
Areas Covered in the Seminar: - Typical costs of employer-sponsored health coverage.
- PPACA large for-profit employer example
- PPACA large non-profit employer example
- Financial penalties imposed on employers for not offering health coverage to employees.
- Financial impact of both health coverage options on an employer.
- PPACA large for-profit employer example
- PPACA large non-profit employer example
- Total Compensation strategies that minimize the impact of PPACA on employees.
- Questions and Answers.
Who Will Benefit: - Business owners
- CEOs
- CFOs
- COOs
- HR Managers
- Benefit Administrators
Note: Use this promocode(
117660) for 10% discount.
