Voices On Health Care. The Atlanta Journal-Constitution. September 25, 2013. This article is available online as part of the AJC's subscription service and in the physical newspaper.
The ACA impact on four contrasting businesses is presented. One is small enough to avoid the employer mandate to offer affordable insurance to employees; Another is covered by the mandate but trying to assess costs. The third, a tech start-up, offers insurance because of the nature of his business. The final company profiled is Southwire which feels that, as a family-oriented company, health coverage is vital.
Showing posts with label small business. Show all posts
Showing posts with label small business. Show all posts
Wednesday, September 25, 2013
Friday, January 4, 2013
Atlanta Endoscopy Firm Merges With Israeli Firm, Obtains Venture Capital Infusion
Atlanta's Medical Technology Industry Gets A Shot In the Arm by Greg Bluestein. The Atlanta Journal-Constitution. January 4, 2013.
Alpharetta-based endoscopy firm, EndoChoice, has announced plans to merge with an Israeli firm, Peer Medical Ltd. Research and design will be housed in Israel with a manufacturing facility planned for Germany. EndoChoice also has raised $43 million from the prominent silicon valley venture capital firm, Sequoia Capital. There are around 500 medical device companies in the Atlanta area employing more than 25,000.
Alpharetta-based endoscopy firm, EndoChoice, has announced plans to merge with an Israeli firm, Peer Medical Ltd. Research and design will be housed in Israel with a manufacturing facility planned for Germany. EndoChoice also has raised $43 million from the prominent silicon valley venture capital firm, Sequoia Capital. There are around 500 medical device companies in the Atlanta area employing more than 25,000.
Saturday, December 1, 2012
ACA: Fear and Opportunity for Small Employers
Small Employers Weigh Impact of Providing Health Insurance by Steven Greenhouse and Reed Abelson. The New York Times. November 30, 2012.
Some small employers are deciding if they should be fearful about the Affordable Care Act or can view it as an opportunity. Most employers, including small businesses, already offer health coverage and will not be significantly impacted by the requirement in the next year or so. However, among firms in the retail and hospitality industries where employees often cannot afford their share of insurance premiums there is great concern. By 2014, firms employing more than 50 employees will be expected to offer affordable--as yet undefined--coverage or pay a fine of 2,000 per employee, excluding the first 30 employees. Some small employers suggest that they may lower the number of hours worked to fall outside the requirement for coverage. This course of action however, experts in the article suggest, will put those employers at a competitive disadvantage. Definitions are key as employers await clarification of key concepts such as "full-time employee" and approved coverage.
Some small employers however view the ACA as an opportunity. With tax credits, they are able to offer health insurance for the first time. These businesses had 15 and 5 employees.
Some small employers are deciding if they should be fearful about the Affordable Care Act or can view it as an opportunity. Most employers, including small businesses, already offer health coverage and will not be significantly impacted by the requirement in the next year or so. However, among firms in the retail and hospitality industries where employees often cannot afford their share of insurance premiums there is great concern. By 2014, firms employing more than 50 employees will be expected to offer affordable--as yet undefined--coverage or pay a fine of 2,000 per employee, excluding the first 30 employees. Some small employers suggest that they may lower the number of hours worked to fall outside the requirement for coverage. This course of action however, experts in the article suggest, will put those employers at a competitive disadvantage. Definitions are key as employers await clarification of key concepts such as "full-time employee" and approved coverage.
Some small employers however view the ACA as an opportunity. With tax credits, they are able to offer health insurance for the first time. These businesses had 15 and 5 employees.
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