Business leaders attending the last Palisades Institute forum walked away with practical advice on how to be in compliance with changing regulations under the Affordable Care Act (ACA), also known as Obamacare. The forum entitled “The Affordable Care Act: Its Impact on Business Strategy and Operations” was held on Wednesday, February 24, 2016, from 7:30 a.m. to 10 a.m. in the Lawrence Room of Rosary Hall.
A panel of experts on the Affordable Care Act let business leaders know what is required of them and answered questions.
The panel included:
- John Rosenberger, CPA, Tax Manager, GKG Certified Public Accountants and Business Consultants
- Matt Libby, Vice President , MDG Employee Benefit Solutions, Certified Insurance Consultants
- Stu Kornberg, Director, PayServ Corporation, Payroll Service
Topics discussed included: healthcare coverage that must be provided to employees; how to determine ACA-related “full-time equivalent” employees; how to minimize tax liability and penalties; forms that must be submitted to the federal government; and financial and human resources data and software compatibility with ACA requirements.