According to SHRM, 75 percent or more of organizations are:
- Working with a legal or benefits counsel to better understand the law’s implications;
- Sending staff to classes—including seminars and webcasts—to learn details of the law and its impact; and
- Partnering with current health benefits providers to design 2011 plans to include areas affected by the law.
Start shifting to long-term strategies. “Although many organizations have been appropriately focused on the short-term implications of the law, attention should now be turning to more long-term strategies that consider both financial and human capital consequences,” says Mark Schmit, SHRM’s director of research.
For more information. For a comprehensive analysis of the Patient Protection and Affordable Care Act, and additional information on health reform and other developments in employee benefits, just click here.