The Most Affordable Part of the Affordable Care Act

Did you ever think about how much extra Obamacare adds to healthcare costs?

When you include taxes, fine, penalties, age 26, pre-existing conditions, etc. these items translate to a lot of money. For a non-compliant plan, the fines and penalties could translate into hundreds of thousands, or millions of dollars.

How would you like to be the one telling the CFO, President or Board that "our plan got a letter from Uncle Sam today and we owe $500,000 because we didn't offer health insurance to a few employees and these employees actually purchased insurance on an exchange and qualified for a subsidiy?" That's not a good day! To make matters worse, interest continues to accrue while you're waiting to appeal (which you'll likely lose if there's no audit trail and proof that insurance was actually offered).

The good news is this is a totally avoidable scenario. "Best Practice" employers either have Healthcare Reform compliance administration totally nailed down with great systems, processes and controls or they outsource it. That's where your team at ACA Managed Services can really help out. Our "Silver" platform starts at $5,000 per year.

That's right! For as little as $5,000 annually you can outsource your Healthcare Reform compliance administration. This includes uploading your data on a monthly basis, performing threshold testing and identifying "at-risk" employees. At the risk of sounding biased, that's a lot of value for a small sum of money.

At the end of the day, it's all about choices. On one side, you can decide to insource Healthcare Reform compliance administration (you'll have to keep up the the law, make system modifications, etc.). On the other side, you can simply outsource this. In the words of Clint Eastwood, you have to ask yourself..."are you feeling lucky?"

So, if you're struggling with Healthcare Reform-based cost increases, take comfort in knowing ACA Managed Services offers a very affordable solution and is prepared to help you mitigate your risks.