Strategies: The silver lining behind the Affordable Care Act
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If you’re an employer there are also numerous positive outcomes from the ACA roll-out. Really. We will have more paperwork, some of us will have more costs, and more meetings with our insurance brokers. However, some business owners will benefit from tax credits and other incentives to offer employee’s health insurance. Some employers will engender enhanced loyalty just by helping direct employees to the resources available through the health care exchange. Other employers will be able to retain key staff by offering health insurance that previously seemed unattainable or cost-prohibitive. Another less apparent silver lining will be the unprecedented access to new, experienced consultants, who recently found the courage to leave their jobs and start new companies. Many companies will now have the option of working with, and have access to, newly formed organizations or independents, and thereby drive down the costs typically associated in working with larger more established firms. Click here to read the full article by Stephanie Klein at the Denver Business Journal.