As a small business owner, are you concerned about how the affordable care act will affect your business? Or have you even thought to ask the question of how it might affect the business climate in Jefferson City MO?
These are legitimate questions, and ones that many businesses are just, frankly, afraid to ask. With so many every-day matters facing the average business owner right now, issues that won’t affect them for another year or two are just not capturing the attention of most small businesses.
The good news is that the government is recognizing that there are a lot of questions, concerns and, yes, people burying their heads in the sand out here in the business community. They are issuing hundreds of pages of documents, filled with regulations (over 600 pages in July alone), and choosing to delay implementation of some mandates and penalties until 2015.
But no small business can keep its head in the sand forever. The affordable care act is becoming law, and even the experts are suggesting that the best thing employers can do is “work with their broker, benefits consultant, or insurer to help determine what mandates and provisions of the ACA apply in 2014 and beyond.” This is because it is the job of these professionals to carefully read, digest and understand the affordable care act and how it affects every small business in Jefferson City, Missouri, and throughout the country.
Believe it or not, the impact on the majority of businesses begins just around the corner, because for most companies the enrollment or “marketplace” period for 2014 insurance coverage opens in October—just one short month away. Businesses that contact their benefits consultants now for assistance will come out ahead in the long run. Consultants fully expect to find dozens of business owners clamoring for help in September—many of them new customers who are finally realizing that they cannot hope to read and implement those 600 pages of regulations and manage their businesses at the same time.
So stay ahead of the crisis curve and contact us today to learn all you need to know about the affordable care act’s impact on your business.