6 Ways The ACA May Increase Federal Contractors' Costs

Law360, New York (May 21, 2013, 12:15 PM EDT) -- Federal contractors face significant cost increases and compliance requirements as a result of the health insurance reforms in the Patient Protection and Affordable Care Act of 2010.[1] As the changes brought by the act approach, many federal contractors are unaware of the potential cost increases and other requirements that the act may impose. With enrollment in health benefit exchanges starting in October 2013 and key provisions of the act becoming effective in January 2014, federal contractors must focus on how the act may soon affect their bottom lines. This article discusses six potential ways that the act may increase work force related costs for federal contractors, and how contractors should prepare before the act takes effect....

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