While we’re not going to get wrapped up in the politicking of the Health Care Reform Act, we *are* working with Congressman Adrian Smith‘s office to inform local businesses of the impact of the new legislation. Those changes will be broad and comprehensive.
Congressman Smith has sent along a downloadable brochure that can assist local businesses understand the impact HRA will have on their business and the timeline in which they need to act. Details of the brochure cover:
+ General provisions update
+ Reform timeline & impact
+ Dependent age eligibility changes
+ W-2 reporting requirements
+ Medicare payroll tax changes
+ Medical expenses deduction changes
+ New employer mandate
Let me know if this information is of value. As a Chamber, we’ll work on getting details of the reform to you asap and as we know them.