Monday, November 12, 2012

With Obamacare now a reality, employers choose strategies

Chicago Sun Times ^ | 11/12/2012 | KARA SPAK

Obamacare’s coming.

Love it or hate it, President Barack Obama’s re-election Tuesday cleared the last major hurdle toward implementing the Patient Protection and Affordable Care Act.

Businesses are being forced to take a fast and hard look at how to handle the shift in health-care benefits and potential costs that are part of the law that goes fully into effect in 14 months.
“This is here to stay,” said J.D. Piro, a senior vice president at Aon Hewitt who leads the company’s health law consulting group. “I’ve been saying for a couple of years this is by and large an entitlement program, and entitlement programs are very rarely repealed. They can be amended or changed around the edges. But it hasn’t been overturned in court or at the ballot box.”
(Excerpt) Read more at suntimes.com ...

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