While discussions regarding the Affordable Care Act often mention the impact on a company’s Human Resources department, finance executives (such as a CFO) are also greatly affected.
Along with rising healthcare costs, uncertainty regarding health care reform initiatives weighs heavily on the minds of those that are responsible for ensuring the company meets its financial goals.
In fact, the infographic below, which was published by ADP, highlights a few of the specific concerns that finance executives may have:
While some health care reform initiatives have been delayed, it is critical that your company takes steps now to address its concerns and needs.
To overcome the challenges that you may be facing when it comes to healthcare, it’s more important than ever to have a 3 to 5 year strategy that will help guide your decisions. Of course, dealing with immediate obstacles is also critical.
To learn how your company can best meet its obligations, we encourage you to visit our Health Care Reform Resource library today. There, you will find compliance checklists, timelines, FAQs, and other materials that will equip you for the road ahead.