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Aria Resort & Casino
3730 S Las Vegas Blvd,
Las Vegas, NV

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Wednesday, July 31, 2013

8:30 a.m. - 9:15 a.m.

KEYNOTE PRESENTATION: PPACA: PLAY OR PAY? 7 REASONS WHY ‘PAY’ IS NOT THE EASY ANSWER

Thom Mangan, CEO, UNITED BENEFIT ADVISORS

With every day that goes by, the nation’s employers move a step closer to having to make a decision: Do I play or pay? Employers must prepare themselves and their workforces for the arrival of the core of the Patient Protection and Affordable Care Act (PPACA), which requires employers with 50 or more full-time employees to offer medical coverage or pay a penalty. The decision isn’t an easy one, and it’s fraught with financial, legal and competitive implications.

Some employers assert that the play-or-pay mandate will raise their costs and force them to make workforce cutbacks. As a result, a number are considering eliminating their health care coverage altogether and instead paying the penalty on their full-time employees. This session will examine why the “pay” option might be worth considering, there are strong reasons why employers should look carefully at all of their options and do their best to calculate the actual outcomes of each.

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