Friday, June 17, 2011

“I own a staffing company… how will [healthcare laws] affect my industry?”

The discussion continues on healthcare and how the new law will affect companies and business owners.

For example, we came across this forum thread, in which the owner of a staffing firm wrote “I own a staffing company… how will this affect my industry?”

Forum responses to that question ranged from helpful to heated.  No one can predict the exact effects healthcare legislation will have on staffing companies or other types of companies.  However, a new statistic says one in three companies may choose to pay the 8% payroll tax rather than offer the type of healthcare required by the new law.  The new law will force us to change the way we do things, administratively speaking.  The financial and cultural implications could be enormous.

Here’s what we do know.  Companies must adhere to the new law.  And United States citizens must have access to quality healthcare.  It will be especially important to well-verse ourselves in the administrative aspects required by the new law.  Understanding the ins and outs of the requirements will help us formulate the most strategic plan for accomplishing these challenges while making a profit.

We’ve hashed out some of the bottom-line facts here and also throughout this blog.

Are you thinking about how the new healthcare law will affect your company?

No comments: