Regional Vice President of Sales The Retirement Plan Company
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Five Actions for Employers to Take During 2013 in Preparation for ACA Enforcement
Epstein Becker Green, via Bloomberg BNA Jan. 16, 2013
"While affected employers can avoid facing penalties until 2014 for not making health care coverage available to their workforce, the [DOL] has begun auditing employers' group health plans for compliance with other requirements of the law that are already in effect. As the DOL steps up its audit efforts ... [here] are five actions that employers should consider taking in 2013. [1] Assess the Workforce ... [2] Choose Whether to 'Pay' or to 'Play' ... [3] Evaluate Existing Wellness Programs and/or Implement New Wellness Programs to Enhance Employees' Health Profiles and to Avoid or Minimize the 'Cadillac Tax' ... [4] Understand and Be Ready to Comply with New Tax-Related Changes and Requirements [and] ... [5] Conduct Self-Audits to Ensure Compliance."
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