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Small Business Solutions for Health Care Reform

05/19/2017

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For employers, health care reform can be difficult to understand. Even more, implementing and properly complying with health care reform can be frustrating and even complicated. While health care reform and small business requirements are constantly fluctuating, it’s more important than ever to stay up to date with changes required by the Affordable Care Act (ACA) or its potential new replacement—the American Health Care Act (AHCA).

Some of the most important ways health care reform can benefit small businesses is by broadening coverage options, maximizing purchasing power, reducing costs, and granting back control over health care as a whole. Small businesses may even qualify for tax credits that can make insuring employees more affordable. Above all, the effects of health care reform to small businesses and employees can take on many forms and can be an ongoing process.

PEO to the Rescue

A PEO (Professional Employer Organization) like LBMC Employment Partners is an excellent resource for small businesses in need of HR management, employee benefits administration, payroll processing and tax filing, and compliance with laws and regulations.

Even more, a PEO can take the pressure off small business owners when it comes to staying compliant with new and rapidly-changing health care regulations. From helping calculate the number of full-time employees to employee classifications to medical coverage reporting, a PEO can offer solutions that help point small businesses toward success.

All in all, it’s important to learn more about your business rights, regulations, and how health care reform can directly affect you and your employees. With rapid provisions taking shape and growing in complexity, having a reliable partner to tackle health care reform is more important than ever. LBMC EP is your trusted source for helping your business tackle health care reform. Contact us today to learn how we can help!

Small Business Solutions for Health Care Reform