FEWER WORK HOURS & ACA EMPLOYER MANDATE

The employer mandate to offer full-time employees affordable health care coverage began January 1st, 2015. Twenty percent of employers reduced or plan to reduce hours of part-time workers, 3% of full-time workers. This is according to a recent survey of their members by the Society for Human Resource Management (SHRM). Other findings include that 77% had higher health care costs from 2014 to 2015, and 21% a decline in health benefits. Among the 7% that decreased nonhealth-related benefits, 44% reduced retirement benefits. LEARN MORE from the report SHRM Survey Findings: Health Care Reform--2015 Update released on 3-24-15.  Coverage of the report includes Rachel Feintzeig's article "Health Overhaul Leads To Shorter Work Hours" posted by the Wall Street Journal on 3-24-15. Her piece includes trends and targets of auditing for compliance with the Affordable Care Act (ACA). LEARN MORE 

Posted on March 25, 2015 and filed under Affordable Care Act.