Inside DoctorsManagement: Message from the President
Volume 1, Issue 5
Will the ACA Impact Your Business (Medical Practice)?
You likely know the Affordable Care Act (ACA) is here to stay. You also know that the cost of healthcare in this country dur-ing the last two decades has gotten out of hand and that reimbursements have not kept pace with the costs associated with providing patient care. With this in mind, the govern-ment hopes the ACA is the best way to counter these costs.
One big debate in Congress is on the impact of the ACA on small business. These regula-tions mandate that businesses with at least 50 full-time em-ployees provide insurance cov-erage or face financial penal-ties. This might pose a signifi-cant financial problem for busi-nesses right near that 50-worker mark. Many small business owners are already feeling the pinch of running their business, and adding a large mandated cost is yet another hurdle to clear.