As the dust settles from Election Day, the policy implications for business are becoming a bit clearer. One issue that has been on many business owners' minds is the impact of federal health care reform legislation, the Patient Protection and Affordable Care Act. In early October, the Nashville Area Chamber and National Federation of Independent Business (NFIB) hosted a panel discussion with area experts about what this law means for your business and how you should prepare.
We are pleased to share the full program with our members, which can be viewed below. In addition, the program will air on iQtv10 (Comcast channel 10) every Sunday starting Nov. 11 at 6 a.m., 2 p.m. and 10 p.m.
A recap blog post
published after the event outlined some of the key takeaways from the panel discussion. For example, significant decisions will have to be made on the federal and state levels following the presidential election. State officials are closely reviewing federal guidance on the Affordable Care Act in advance of Gov. Haslam's public statement by Nov. 16 about whether Tennessee will consider a state insurance exchange or default to a federal insurance exchange system.
The event panelists and moderator included:
- Jim Brown, Tennessee state director of NFIB (moderator)
- Brian Haile, director of the Insurance Exchange Planning Initiative at the Tennessee Department of Finance & Administration;
- Maria Iarossi, area vice president of client development at Gallagher Benefit Services, Inc.; and
- Jerry Moss, tax services member at KraftCPAs PLLC.
We appreciate their valuable insights into the impact of this complicated law.
Be sure to check out the timeline
prepared by NFIB that outlines when the various pieces of the law will go into effect. Additionally, www.gbshealthcarereform.com,
an online resource provided by Gallagher Benefit Services, Inc., includes further information about the decisions businesses must face.
to view pictures from the event on the Chamber's Flickr page.