Tri-state businesses are preparing for major changes in healthcare coverage next year.
The changes in Obamacare affect everyone, but mainly those with businesses with more than 50 employees. Those that don't abide can suffer some big penalties.
That's why many businesses have been taking part in seminars learning what they can about the still-evolving law.
"Wow, quite a response!" Todd Glass said.
Todd Glass is an works at Fine and Hatfield Attorney and is one of the people leading the seminars on healthcare and your business.
Originally there was only going to be one, but there's been so much interest, they've held four in the Tri-State and two more are scheduled.
"There is a lot of anxiety both from small employers under 50 and larger employers up to a 100, and a lot of that anxiety is not knowing exactly what is going to be happening come January," Glass said.
Businesses who have already attended are requesting a second visit.
"It will take more than one time for an employer to actually hear the information to understand plan itself and how they are affected," said Debbie Duncan, the Director of Human Resources at Lefler's Mechanic. "The original document is like a 900 page document."
Duncan says they will definitely be affected with 65 employees between their three locations.
"We have to make sure if we offer a group plan that it's affordable to all of our employees, and under the healthcare reform plan there is a formula used, in order for you to be able to calculate whether your coverage is affordable for those employees," Duncan said.
No doubt Lefler's will do everything they can to be in compliance come January, but the ever changing regulations are keeping everyone on edge.
"A lot of regulations are going to be happening in the fall and hopefully the picture will be more clear by then," Glass said.
The next seminar will be held this Wednesday in Warrick County from 8:00 to 9:00 a.m. It is free, but you do need to register.
1115 Mt. Auburn Road
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