Welcome to our Healthcare Reform Blog!

The Affordable Care Act (ACA) of 2010 has many implications for individuals and employers, many of which will take effect in 2014. We, at The Rockwood Company, are dedicated to providing you with timely information to help you make benefit choices for 2014 and beyond. We are using this blog to provide you with the most up-to-date information. New information will be posted on the front page, and tagged with the appropriate classification. Classifications will be individuals, small groups (less than 50 employees) and large group (greater than 50 employees).

Wednesday, February 5, 2014

Under Consideration - Full-time Defined as 40 or More Hours

For purposes of applying the "shared responsibility" mandate included in ACA, the members of the House Ways and Means Committee passed H.R. 2575, the Save American Workers Act bill which defines a full-time worker as an employee working 40 hours a week amending the current definition of 30 hours a week.

If passed, this will be welcome relief to many employers who cut back hours on employees to avoid the penalty for not offering the minimum health insurance required by the PPACA.

For more information visit this news release.