May 14, 2013, CHICAGO, IL – The Horton Group has announced two new tools to help employers navigate complicated Affordable Care Act (ACA). The Patient Protection and Affordable Care Act will have a significant impact on many employers, leaving them questioning what legal, tax and compliance changes they will face.
The Horton Group has introduced two new “healthcare reforms” tools that will aid clients defining a clear path for affordable, qualified health plans. The “Large Employer Calculator” provides a comprehensive analysis of an employers group in order to determine their status as a “large” or “small” employer. The status of the employer will ultimately determine the amount of exposure an employer will face in 2014 when they will be subject to the ACA’s requirements and penalties.
The second tool Horton has rolled out is a “Full-Time Employee Tracker”. The tracker offers a simplified process and method for employers to determine employees status and if they are eligible for health coverage.
The “Large Employer Calculator” and “Full-Time Employee Tracker” will join Horton’s “Impact Analysis Tool” better known as the “Pay or Play Calculator” as resources for clients to evaluate and prepare comprehensive a Healthcare Reform strategy.
“Over the last year, companies have faced the challenge of communicating changes in health care. Since the Supreme Court upheld the health care reform law, employers are approaching Horton asking, ‘as my plan runs today, what should I be concerned with?’” said Ken Olson, Division President of Horton Benefit Solutions. “Our suite of Healthcare Reform tools aid our clients see into the future and analyze what they need to be concerned through detailed summary reports.”
“Planning for future business expenses is vital to the success of any company. The changes in health care law have the potential to be a significant added expense; however, it doesn’t have to be that way thanks to our analysis tool. I encourage employers to address this complicated issue sooner rather than later to allow for a smooth transition in 2014,” concluded Olson.
To learn more about Horton’s tools or to schedule an interview contact Margaret Bastick at 312-917-8618 or margaret.taylor@thehortongroup.com.
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About The Horton Group
Horton is an insurance, employee benefits and risk advisory firm that leads clients with complex needs and limited resources to a higher level of performance. We do this by focusing on the Traditional + Innovative, the Insurable + Uninsurable, and the Present + Future.
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