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Most Employers Are Unprepared for ACA's 2015 Requirements

A 2014 study by the ADP Research Institute finds that most employers, both mid-sized (50-999 employees) and large (1,000+ employees) are still unprepared for ACA's 2015 requirements.

For example, only the following are "prepared" for 2015 requirements:

 ACA Requirement  Mid-Sized   Large  
 Exchange Notification      33%     38%
 Annual Health Reporting      46%     51%
 Penalty Management      36%     40% 

The study also found that 49% of mid-sized employers and 62% of large employers are extending coverage beyond the mandated ACA full-time employees to attract/retain talent and avoid penalties.

Click here to see the infographic.

Click here to read more about major findings.

Posted by Cristie Travis at 11:01 AM

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