Healthcare Reform: Financial & Tax Implications

Responding to healthcare reform continues to be complex. What changes may occur with the new Congress? Is your company prepared? Do you know how much this will cost? Are you positioned for the long-term implications? Healthcare reform has made employee healthcare benefits a business issue that now demands the attention of the suite. A recent E&Y survey of over 300 C-suite executives shows that most companies aren’t as prepared as they first thought to meet the new requirements, and that the complexity of complying with the new law is a major concern. Another major concern voiced by respondents was the potential impact of healthcare reform costs and overall business profitability. This session will discuss the tax and financial implications of the law, the steps to be taking now, and what efforts will be involved. It will also address cost implications, reporting requirements, systems changes, changes to internal controls and other topics relevant to the finance and tax departments.