Firms Feel Pain From Health Law
(Wall Street Journal) — Big employers faced with incorporating the first round of health-care changes next month are grappling with how to comply with the long list of new rules. Many companies are hiring consultants to help sort though the mountain of new mandates, which include extending dependent coverage to children up to age 26, and may eventually result in covering more employees. Some are also considering changes to their plans—including pushing costs to workers. There is also some concern about how to digest the sheer volume of paperwork. “There’s administrative burden just to try and understand the 2,400 pages of the document,” says Jenn Mann, vice president of human resources at software maker SAS Institute Inc.