NJECPAC & NJ-IEC Partnering to Protect You And Your Business

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New Jersey, United States
NJECPAC is a Continuing Political Committee (CPC). A CPC is any group of two or more persons acting jointly, or any corporation, partnership, or any other incorporated or unincorporated association, civic association or other organization, which in any calendar year contributes to aid or promote the candidacy of an individual, or the candidacies of individuals, for elective public office, or the passage or defeat of a public question or public questions, lobby for the passage or defeat of certain legislative bills introduced in the NJ Legislature in accordance with N.J.S.A. 19:44A-8(b). A CPC is frequently referred to as Political Action Committee (PAC). The NJECPAC was formed to provide funding for legislative initiatives of its members and its member organizations representing the interests of Electrical Contractors, Small Businesses and Taxpayers throughout the State of New Jersey.

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Friday, April 1, 2011

Obamacare Impact On Employer And Group Health Plans

Health Care Reform Mandates On Employers
 Health Benefit Plans.

A majority of provisions within the Patients Prevention & Affordability Care Act impose new mandates on employers, including tax-exempt organizations, and in many cases will require modifications to employer provided health plans.

Employers will be mandated to report the cost of their health plans to the Government and also report that cost on each employee’s W-2 Form. Employers will also have to file information returns with the IRS describing the health insurance coverage they provide.

An employer who hasn't made any or has made only limited changes to their plan terms since March 23, 2010 "may be eligible" to be grandfathered to avoid implementing more reform provisions, provided the employer continues to meet specific requirements.

Obama has stated repeatedly that if you like your plan you can keep it....What he conveniently leaves out is you can keep your plan only if your plan complies with the many mandates contained within the law.  
Read More Here  ~  Watch Video Here

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