Health Care Reform: Post Election Implementation 2013

by Anita Sherman, CPA | Managing Partner and Marie Jett, CPA | Manager, Tax Services Group

The election is over. For employers and plan sponsors that adopted a ‘wait and see’ approach before focusing on Obamacare compliance issues, the time for waiting is over. Indiana is not planning on creating an insurance exchange, so individuals who can’t find coverage from the many sources currently readily available will need to go through the Federal exchange. Also, full time equivalents for purposes of determining applicability are those employees working 30 hours or more per week (used in determining whether a company has 50 or more employees).

Please click here to see the changes that you need to be aware of for 2013