There's no more waiting to plan how you’re going to tackle healthcare reform. With the re-election of President Obama, you now know with certainty you will have to be in compliance with the Affordable Care Act by 2014. However, like most retail and hospitality organizations, you still have a tremendous amount of uncertainty around how to implement it and the impact it will have on your business.
You're not alone. A recent Mercer study revealed that:
- 40% of retail and hospitality organizations believe the Affordable Care Act will cause costs to rise 5% or more
- 43% of retail and hospitality employers believe that their current health plan coverage may be considered "unaffordable" for some employees
- 91% believe it is either not very likely or not at all likely that they will terminate employee health coverage after the reform provisions go into effect
Download the report to gain additional insight from your retail and hospitality peers on the impact of Affordable Care Act.