(PRWEB) May 08, 2013
The Affordable Care Act otherwise known as the “ACA” was enacted by Congress to provide Americans with better health security by making comprehensive health insurance plans available and affordable. The ACA will expand the health insurance coverage available, lower health care costs, and enhance the quality overall care for all Americans. Although this seems to be a great idea, it has brought on much controversy over the impacts of the ACA on large and small business organizations, as well as individuals. With that being said, the attorneys from Kozloff Stoudt have revealed that they are more than ready to aid individuals and businesses through the changes created by the ACA.
Kozloff Stoudt’s personal injury lawyers of Philadelphia and Reading areas are prepared to help any client navigate through this health care reform, where health insurance is provided by an employer or obtained individually. The ACA will to go into full effect on January 1, 2014. The ACA will include an “Individual Mandate.” This means that all individuals will be required to have health insurance and the insurance must contain specified essential services and procedures. The attorneys at Kozloff Stoudt are here to offer their assistance and guidance through this change, since those who are non-compliant to this act will have to pay an income tax penalty. They are available to advise businesses or individuals to determine what the best decision is and what is in their best interest when it comes to offering “essential” coverage to employees.
The ACA affects every organization differently. For example, some organizations are not required to offer their part time employees a health insurance plan. So, for those who have any questions regarding the Affordable Care Act that will be implemented next year, please contact the attorneys at Kozloff Stoudt. They can help with the requirements that are necessary for a business and how the ACA may affect a business. The attorneys at Kozloff Stoudt are ready to help with the ACA and they are now taking appointments in order to further discuss any concerns one may have regarding these changes.
About the Law Firm:
The law offices of Kozloff Stoudt, were formed in 2000, as the result of the merger of two large, respected and successful Berks County firms. They are located in the Spring Ridge district; the professional and commercial center of the Reading area. For more than 70 years, the lawyers of Kozloff Stoudt have advised and represented individuals, businesses and municipalities in all aspects of civil law. Kozloff Stoudt’s experienced business team is active in mergers and acquisitions, banking, finance, real estate development, zoning and taxation. They also have an extensive practice in estate planning, and wealth management and preservation.
For more information please visit http://www.kozloffstoudt.com/