A breakfast seminar, sponsored by Glens Falls National Bank & Trust Company and Capital Financial Group, was held Thursday morning at the Queensbury Hotel in Glens Falls. Maggie Moree, Director of Federal Affairs for the New York State Business Council, spoke to approximately 100 attendees about changes to the health care system and what those changes will mean for businesses and employers over the next few years.
Topics covered in the lively presentation included how the measures in the Federal Health Care Reform Act and current New York State regulations will interact, provisions for small businesses, how businesses may need to revise health benefit plans to avoid penalties, Federal Insurance Exchanges, the need for increased record keeping and reporting, why businesses will need to be more informed about employees' personal circumstances to stay in compliance, the time table for implementation of the various elements of the Health Care Reform Act, and what happens if an employee opts out of coverage.
For more information on these changes and their effects, please contact the experienced staff at Capital Financial Group (793-2885) or Maggie Moree at the New York State Business Council.
Topics covered in the lively presentation included how the measures in the Federal Health Care Reform Act and current New York State regulations will interact, provisions for small businesses, how businesses may need to revise health benefit plans to avoid penalties, Federal Insurance Exchanges, the need for increased record keeping and reporting, why businesses will need to be more informed about employees' personal circumstances to stay in compliance, the time table for implementation of the various elements of the Health Care Reform Act, and what happens if an employee opts out of coverage.
For more information on these changes and their effects, please contact the experienced staff at Capital Financial Group (793-2885) or Maggie Moree at the New York State Business Council.
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