For Employers, Affordable Care Act (ACA) Smog Thickens
Engage PEO CEO, Jay Starkman, talks to National Underwriter and LifeHealthPro.com about the Affordable Care Act's (ACA) impact on employers:
The Affordable Care Act 's "play or pay" provisions already apply to employers with 100 or more employees. Employers with 50 to 99 employees are already supposed to be collecting the full-time equivalent (FTE) employee counts they need to comply with the ACA coverage requirements in 2016.
But employers without floors full of top benefits lawyers and corporate tax accountants in their headquarters buildings are struggling to get a basic understanding of what they have to do to comply with ACA.
Jay Starkman is one of the experts. He's the chief executive officer of Engage PEO, a professional employer organization (PEO). His company serves as the official employer, or co-employer, for other companies' employees, and his company assumes as much responsibility for human resources functions and benefits programs as employers want to cede, and are legally allowed to cede. Starkman has tried to make Engage PEO a source of ACA expertise, and comfort. Read this news