News Headlines Article

Understanding the new health care act
Napa Valley Register

The Patient Protection and Affordable Care Act, or ACA, (aka ‘Obamacare’) is ushering in options for America’s 28 million small businesses. ACA is due to be implemented January 2014, but many employees are still unsure what this will mean for their businesses. (Editor’s note: The Ohama administration announced Tuesday that compliance for this aspect of ACA will begin in 2015.) According to the Small Business Administration (SBA), when the new plan is implemented employers with 50 or more full-time employees that are currently not offering affordable health insurance may be required to pay an “assessment” if at least one of their full-time employees is not covered.