Affordable Care Act (Health Reform)

The Affordable Care Act (ACA), signed into law on March 23, 2010, began a substantial overhaul of the U.S. health care system. Most medium and large employers, and many small employers, maintain a group major medical plan for employees, and suddenly these employers became responsible for complying with a considerable number of new requirements. From the beginning, and throughout the many legal and congressional challenges and modifications to the law, Frost Brown Todd has been a go-to source for employers navigating the complex legal requirements the ACA introduced. We have been an integral resource to our clients by advising them in all matters related to the ACA, such as:

  • How to maintain grandfathered status or status as a retiree plan that is not subject to some of the new rules.
  • Changing health plan designs to meet the ACA’s mandates.
  • Identifying new taxes and fees, and overseeing the payment process and deadlines.
  • How to structure major medical coverage options to meet the employer mandate and avoid "pay or play" penalties.
  • Structuring measurement periods to determine full-time employee status and periods coverage to avoid "pay or play" penalties.
  • Compliance with complicated Internal Revenue Service (IRS) reporting requirements.
  • How workers from staffing agencies are treated and the issues with common terms of staffing agreements.

FBT has a team of attorneys with significant understanding and experience in ACA issues. We provided two major in-depth seminars on ACA requirements and hot topics for clients and friends. Clients joined us in-person in any one of our offices or by a live webinar. We have also spoken at numerous programs and seminars sponsored by others such as the Kentucky Chamber and the Society for Human Resource Management (SHRM). Finally, we have issued legal updates for clients on many of the ACA challenges and changes over the last five years. 

FBT is dedicated to being the resource with in-depth knowledge for our clients on ACA topics, and to providing prompt and practical assistance on any issues our clients face. We enjoy advising clients on the intricacies of the law, and learning the particulars of our clients’ businesses in order to come up with unique solutions to the vast number of distinct issues that arise under the new legal framework that is the ACA.