No More ‘Mr. ACA’
Okay don’t jump to conclusions – I'm not going anywhere. I just celebrated my seventh anniversary at Assurance, and I can’t think of a better place to work or a better job to have! I love compliance, and I love the clients we serve. That’s not changing.
And no, we’re not just abandoning the Affordable Care Act (ACA). In fact, nothing’s changing there either! We’ll continue to educate clients and organizations across the U.S. on the ACA as we have in the past. But there are two things that are changing, and I wanted to take a minute to walk through them.
First, some perspective on the ACA at this point. It's been on the books as law for almost a decade now, and the ACA is more just part of the benefits landscape and less of its own thing. Also, with a divided Congress and Presidential election race just kicking off, the prospect for any sort of meaningful change in the ACA regulations are slim. It could still happen though. All eyes will be watching the Texas case that ruled the ACA unconstitutional in its entirety (spoiler alert: it's probably not going to survive the legal review and process). At this point, however, it’s time to treat the ACA as just another part of doing business.
Secondly, we here in compliance don’t just sit on our hands waiting for the next ACA announcement – there are other risks employers face that need to be addressed. We’re evolving to help organizations identify and mitigate them! As we’ve helped thousands of employers across the country deal with the employer mandate, it’s become increasingly clear that other federal and state mandates need to be part of the equation, because they all interrelate to each other. In some cases, the risks posed by the ACA pale in comparison to, say, a sexual harassment claim or an ADA violation.
So, I’m on a mission. I don’t want to be known as ‘Mr. ACA’ anymore (that’s the running gag here at Assurance). My team is here to help with all aspects of benefit and employment law. Have problems with leave management rules? We can help. FMLA got you all confused? We’ll straighten it out for you. Do you operate in five different states but use the same employee handbook for each location? We have the resources to correct that issue!
In short, we’re here to help you properly manage the risk that you cannot insure. Yes, complying with the ACA is a big part of that. But there are so many other rules and regulations you must watch out for that you can’t just stop there. You need to look at your overall risk holistically, and for those items that you can’t cover with a policy, you can mitigate with smart management and policies.
Have questions? Contact the ‘A’ Team for more information!
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