Paychex Small Business Snapshot: Health Care Reform
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Paychex Small Business Snapshot: Health Care Reform

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Signed into law four years ago by President Barack Obama, the Affordable Care Act (ACA) has transformed the nation’s health care system, ushering in new regulations, requirements, and changes for ...

Signed into law four years ago by President Barack Obama, the Affordable Care Act (ACA) has transformed the nation’s health care system, ushering in new regulations, requirements, and changes for business owners of varying sizes. This month’s snapshot highlights the level of understanding and preparedness business owners have when it comes to health care reform.

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  • At 974 pages, the PATIENT PROTECTION AND AFFORDABLE CARE ACT is a fun and fascinating bit of light reading. Its hard for me to understand how 46% of small business owners do not understand what they need to do in order to be in compliance with this simple bit of legislation.

    For example, what is so hard to grasp about Section 3102: Extension of the work geographic index floor and revisions to the practice expense geographic adjustment under the Medicare physician fee?

    Is it difficult to comprehend Sec. 5505: Rules for counting resident time for didactic and scholarly activities and other activities? Personally, I don't think so.

    You would have to be a complete idiot if Sec. 5602: Negotiated rulemaking for development of methodology and criteria for
    designating medically underserved populations and health professions shortage areas failed to make sense to you.

    I personally feel that you folks have not spent enough time reviewing this so called 'ObamaCare'. Give it a chance....



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Paychex Small Business Snapshot: Health Care Reform Paychex Small Business Snapshot: Health Care Reform Presentation Transcript

  • 46%Of small business owners do not fully understand what is expected to comply with the Affordable Care Act. How prepared is your small business given the changes to our health care system? Do you understand what’s expected of your business in order to comply with the requirements of the Affordable Care Act? more info 48% TOTALLY 36% NOT AT ALL 16% SOMEWHAT http://bit.ly/snap-hcr