Not every business falls under the ACA mandate. For small businesses, for example – those who employ 50 employees or fewer – they are immune from the health insurance requirement, thereby avoiding the minimum fine of $100 per day for every worker who’s not extended health insurance benefits. Apparently, however, that’s not always the case
More than $1 billion has been collected by the government, as the IRS has cracked down on Americans who aren’t abiding by the ACA mandate.
When it comes to consumers’ understanding of the ACA’s requirements over and above the coverage mandate, Americans still have a lot to learn.
Roughly 80 percent of small business owners handle HR functions internally, according to a recent survey conducted by compliance management firm TriNet. In fact, only 2 percent of company managers outsource their HR-related tasks.
Whether it’s through a generous salary, employee benefits or a convivial atmosphere, business owners and human resource professionals typically concern themselves with retention factors once potential workers become official staff members. But the results of a recent survey suggest that decision makers may want to address this issue from the moment job seekers start the application process.
Instead of casting it off as an aberration or keeping it to oneself, unusual happenings at work are being reported with more regularity than they have in the recent past by employees, based on the results of a new study.
According to a new directive from the Department of Labor, health insurers moving forward may be required to provide coverage for certain types of treatments that have proven to help people no longer light up.
While HR compliance may be an issue that every business owners needs to be concerned about as it relates to the function of their employees in the workplace, the leading driver of employee engagement is management transparency, according to the results of a new report.
HR compliance was an issue that many business owners and their employees had a problem with this past year – to the point of being fined, in some instances.
While employee benefits may have largely been unaffected by the fallout resulting from the flawed rollout of the Patient Affordable Care Act, they could be the next cancelations felt by millions of people for not adhering to the requirements of the currently existing health reform law.
