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Employers from around New England gathered to learn about a topic that is becoming more important with each passing day --- federal health care reform. CBG Benefits, a full-service employee benefits brokerage firm in Woburn, Massachusetts, hosted the seminar to address concerns about the health care requirements under the Patient Protection and Affordable Care Act (PPACA).
The seminar, which featured a keynote presentation by Tom Greene and Patricia Moran of Mintz Levin, focused on many of the key initiatives set out by PPACA. Based on questions from the audience, it was apparent that the employer Shared Responsibility mandate, or “pay or play” rule, is having a major impact on companies as they plan for the near-future.
“While we are still awaiting final clarification on a number of the rules set out by health care reform, it’s critical that employers take steps now to understand how they will be affected,” said Chris Costello, Founder and Principal at CBG Benefits. “2014 will bring major changes to the worlds of insurance and employee benefits --- but we are here to help companies navigate a successful course. Hosting an event like this one plays a big role in that effort.”
Due to the tremendous number of registrants, the seminar was moved to a much larger meeting room prior to the event.
“The questions posed by attendees during this event reflect the concerns that are shared by employers of all types and sizes,” said Ted Haughey, Senior Vice President at CBG Benefits. “To put it lightly, health care reform is a complicated matter. But companies cannot take a wait-and-see approach. They need to start analyzing their current situation, utilize the resources that the government has provided, and start analyzing their options.”
During the event, CBG Benefits announced the release of a number of resources that companies can utilize to understand their responsibility under the Affordable Care Act. Interested parties are encouraged to visit CBGBenefits.com/seminar/ to download items such as the “Health Care Reform Compliance Checklist”,“Health Care Reform Toolkit”, and more.
“Our audience was great and the feedback we received on the program was very positive”, said Tom Greene, Member of Mintz Levin. “CBG Benefits did a great job organizing and promoting the event. We share Chris and Ted’s sentiments about now being the time to act, particularly, if employers wish to take maximum advantage of the transition rules for 2014.”
For more information on how health care reform may impact your business, please contact CBG Benefits at 877-EE-Bnfts.
About CBG Benefits
CBG Benefits (CBGBenefits.com) provides a full range of brokerage services including employee benefits, financial and retirement services, HRIS & Payroll integration solutions, and more. Headquartered in Woburn, Massachusetts, we think globally but act locally, with personal services designed specifically for each individual client. We combine years of experience with leading-edge products to provide exceptional service and value to our customers. We deliver a wide range of services to help our clients achieve their goals, including HR Communications, employee surveys, benefit audits and benchmarking reports, online portals for employers and employees, legislative and compliance updates, workplace wellness programs, and more.
About Mintz Levin
Mintz Levin is a law firm with 450 attorneys serving clients worldwide. Applying a cross-disciplinary team approach, we bring attorneys from many different yet complementary areas together to address the rapidly changing legal and regulatory requirements of a wide variety of industries, including Life Sciences; Health Care; Financial Services; Energy & Clean Technology; Technology, Communications & Media; and many others. Our major practice areas include Antitrust, Bankruptcy, Restructuring & Commercial Law; Corporate & Securities; Employment, Labor & Benefits; Environmental Law; Health Law; Intellectual Property; Litigation; Public Finance; Real Estate, and Tax.
The firm’s eight offices are strategically located to meet the evolving needs of our clients. In addition to our seven US office locations in Boston, Los Angeles, New York, San Diego, San Francisco, Stamford, and Washington, Mintz Levin has an office in London and a liaison office in Israel.
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