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SOURCE ADP
ROSELAND, N.J., March 22, 2013 /PRNewswire/ --
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WHAT:
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In 2014, the Affordable Care Act (ACA) will broaden the definition of who qualifies for benefits under employer-sponsored health plans.
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In order to more accurately estimate potential future health costs and evaluate different possible coverage scenarios under the ACA, employers must first understand key variables that may potentially determine employees' future participation in health plans.
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To help employers do this, ADP® , a leading provider of human capital management solutions, will host a free, in-depth webinar that reveals how employee income and health plan participation are intertwined, and addresses numerous critical questions employers should consider as they plan for January 1, 2014, including:
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- How do income and affordability impact employee participation in health benefit plans today?
- What percentage of employees pay more than 9.5 percent of their W-2 wages (one of the affordability safe harbors for employers under the ACA) to purchase self-only health coverage?
- How do employer contribution levels compare with premium subsidies potentially available through a Public Health Exchange?
- Is there an income threshold below which an employee might prefer to participate in a Public Health Exchange?
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WHO:
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Christopher Ryan, vice president of ADP Strategic Advisory Services, will share recent ADP Research Institute study findings and expert insights to help employers understand the potential benefit purchasing habits of their newly eligible employees under the ACA.
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WHEN:
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March 28, 2013, 11:00 a.m. – 12:00 p.m. ET
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To register to attend, please visit: http://www.hr.com/stories/1362424920044
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ADP® (NASDAQ: ADP), with more than $10 billion in revenues and approximately 600,000 clients, is one of the world's largest providers of business outsourcing and human capital management solutions. Leveraging over 60 years of experience and a global footprint spanning more than 40 countries, ADP offers a wide range of human resource, payroll, talent management, tax and benefits administration solutions from a single source, and helps clients comply with regulatory and legislative changes, such as the Affordable Care Act (ACA). ADP's easy-to-use solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine, recreational vehicle, and heavy equipment dealers throughout the world. For more information about ADP or to contact a local ADP sales office, reach us at 1.800.225.5237 or visit the company's Web site at www.adp.com.
Disclaimer: This presentation is not legal advice, the final word on Health Care Reform or a political opinion. ADP is not a law firm and does not provide legal advice.
Contact:
Jim Larkin
ADP
(973) 407-9714
Jim.Larkin@adp.com
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