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September 9, 2013

ObamaCare and how it affects your Business Model

All Employers around the Country will soon be required to forgo new employment standards intended to grant health care access to all Americans, particularly those currently not covered under current insurance plans. The new rules, however, may have devastating consequences for American families.

Starting Jan. 1, 2014, employers will be required to provide health care insurance to all employees who work more than 30 hours a week on average. The government will be using data from 2013 to determine an individual's employment standing, which means many employers have already started cutting hours for employees in an effort to be compliant with the law.

The new regulations, which were established under the Affordable Care Act, will expand health care coverage for American citizens. However, the law will alter the landscape of businesses around the Country, particularly as companies start cutting employee hours, hire contractors and do everything else they can to become compliant with the law.

And while Americans will arguably have more access to health care, the regulations are convoluted and difficult to understand for many. Nevertheless, all will be affected by the law starting in 2014.

So what exactly does all of this mean for your business? And the more important question is how can we help you through Obamacare? Well we can provide you a full time work force or even a part time work force without you having to worry about all the details. Let us deal with the associated costs of health care for you.

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