Health Care Reform: Top 10 Things Employers Need to Know


In late March, the Patient Protection and Affordable Care Act and the Health Care & Education Affordability Reconciliation Act of 2010 were signed into law (together “the Act”), effectively ushering in a new era in health care. This sweeping legislation will radically alter the way health care is delivered and the way health insurance will be bought, sold and provided in the United States. The Act also imposes many new requirements on employer-sponsored group health plans. Failure to comply with those requirements may result in substantial monetary penalties. Health care providers are also employers, of course, and they will be drastically impacted by the following provisions like all other employers. This article is by no means intended to be a comprehensive look at the Act, rather it is a quick look at those provisions of the Act most likely to have a substantial impact on employers.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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