The Affordable Care Act (ACA) contains over 2,700 pages; and there are more than 15,000 pages of guidance and regulations; and the law has been modified no less than 30 times. In May of 2014 we set out to learn how companies are managing the uncertainty caused by the impact of the ACA and its ever-changing rules. So we developed an online survey and shared it electronically with companies throughout the country, asking employers how the ACA is affecting their business.
Survey Results: Cherry Bekaert Benefits Consulting LLC (“CBBC”) is pleased to announce the results from its 2014 Affordable Care Act Survey (“ACA Survey”).
Questions covered topics such as hiring practices, cost impact of the ACA, medical plans and insurance benefits. Key results from the CBBC’s ACA Survey include the following:
In working with clients on the impact of the ACA and evaluating the results of the survey, some key findings are as follows:
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