So many recent changes have occurred in the healthcare system that most consumers are at least somewhat confused about their options. The open enrollment period for the Affordable Healthcare Act has residents in every state scrambling for more information. Along with changes to the healthcare provisions and prices, there are also new requirements for small businesses, families, and individuals. In order to avoid penalties associated with not following the letter of the law, everyone must be aware of their rights and responsibilities under the new law.
One of the major impacts of the new healthcare law implementations is the mandate for small business owners. Because many new and existing business leaders are required to provide healthcare benefits to their employees, owners and partners must be educated in the various facets of employer benefits. As additional changes and healthcare reform efforts are made, penalties and sanctions against employers may increase. Employers have a responsibility to comply with all federal and local guidelines. The growing concern over new regulations has prompted several new resources to be used by corporations and small business.
Legal Support for Employers
One of the largest trends in preparatory law schools today is healthcare law. Employment compensation lawyers work for individuals and employers, and the next phase of those interactions is healthcare law. Businesses need professionals who can accurately assess their current situation and determine the most appropriate course of action. Motivated students are able to earn a master’s of science in law to leverage their knowledge and be in a better position to support their business or industry. Students can also get an online masters of science in law which would allow them to continue to work at least part-time and support a family if needed. The overall concept is a mutually beneficial reward for students and the businesses they support.
Although some of the cost of healthcare has to be passed on to employees based on the new legislation, the net effect of the new law has been a positive one for both employees and employers. When everyone has access to affordable quality healthcare, employees are able to proactively manage their health concerns and conditions. Employers also benefit from having healthy and satisfied employees on staff. There is still much to be accomplished with the new healthcare laws and requirements until every business and industry can claim full compliance. The growth process is sometimes slow, but the end result is worth the investment.
This article is from Lizzie Weakley, a freelance writer from Columbus, Ohio. She went to college at The Ohio State University where she studied communications. She enjoys the outdoors and long walks in the park with her three-year-old husky Snowball.