OESA to Address Federal Health Care Reform
Margaret Baxter, OESA
OESA will hold a briefing for automotive suppliers on the federal health care reform law (HCR) and implications for suppliers on Feb. 2, 2012. Many employers have been asking how HCR will help or hurt their efforts finding and retaining a solid workforce, and what the effect will be on the bottom line.
James S. McElya, executive chairman and CEO, Cooper Standard, will open the session and provide context for the health care reform law, and discuss its importance to Cooper Standard and the industry.
The balance of the meeting will be a discussion by Michael J. Langan, consultant, U.S. legislative and regulatory affairs, Towers Watson, to explore the HCR law and its likely effects. Langan will discuss:
- Scope of the law and timeline for implementation
- Employer-facing elements of HCR law
- Impact of key employer provisions
- Health insurance market reforms (20 mandates; 2011/2014)
- Play or pay employer mandate (2014)
- Excise tax on high-cost plans
- Assorted new levies and administrative burdens on employers
- Employer options: Spectrum of opportunities
OESA members and guests may register in the events section at http://www.oesa.org. For registration assistance, contact Felece Hickman at fhickman@oesa.org or 248.952.6401 ext. 237. For content information, contact Margaret Baxter at mbaxter@oesa.org or 248.952.6401 ext. 223.