PRZOOM - /newswire/ -
Roseland, NJ, United States, 2013/05/08 - Webcast will help clarify new provisions specific to small businesses, assisting owners in understanding how the Affordable Care Act’s insurance mandates and market reforms can affect small businesses in 2014 (NASDAQ: ADP) - ADP.com. NASDAQ: ADP
ADP®, a leader in human resource and payroll outsourcing solutions, will host a free webcast on May 14, 2013, to help small business owners and employers understand the impact of new Affordable Care Act (ACA) provisions that will take effect in 2014, including the establishment of Health Insurance Exchanges and, in many states, the expansion of Medicaid. The free webcast aims to help clarify how the new regulatory mandates of Health Care Reform could impact small businesses and how to prepare for those changes.
Many of these new provisions will affect small businesses’ approach to how they offer health insurance to employees. ACA’s mandates and insurance market reforms are complex and may impact the administrative burden of small businesses with its compliance requirements, penalties, taxes and employee education. The webcast will address:
• Premium rating rules for non-grandfathered individual and small group plans;
• Deductible limits for non-grandfathered, small group plans;
• Small business healthcare tax credit;
• Small Business Health Options Program (SHOP);
• Employer Shared Responsibility provisions (identifying full-time employees);
• How the various provisions define a small business.
The webcast, titled “Small Businesses Beware: Why You Can’t Afford to Ignore the Affordable Care Act,” will be hosted in partnership with HR.com from 11:00 am. 12: 00 pm. EDT on May 14, 2013. Our presenter will be Peter Marathas, a partner at Proskauer Rose, who is well known across the country as a prominent thought leader on ACA-related matters. The session is open to any small business owner, employer, executive, HR professional or other business professional interested in learning how the ACA could impact their business. Small business owners can register at adp.com/acawebcast.
The webcast will be recorded for future playback and is approved for one HR Certification Institute (HCRI) credit. An additional session will be hosted from 3:00 pm. 4:00 pm EDT on May 14 for certified public accountants (CPAs) looking to earn continuing professional education (CPE) credits. CPAs can visit smartpros.com/adpwebinars to register.
"Small businesses represent nearly 99 percent of the estimated 28 million businesses in the United States,” said Anish Rajparia, President of ADP’s Small Business Services Division. “ADP is offering this free webcast as part of our commitment to help small business owners better understand how the complex requirements imposed by the Affordable Care Act may impact them,” Rajparia added.
ADP® (ADP.com), 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 website.