The Affordable Care Act (ACA) will change the health care industry by requiring Americans to purchase insurance by 2014 and forcing companies to offer affordable policies to those who earn little income. Insurance providers and business professionals are beginning to prepare for the radical shifts the new law is expected to create in a only a couple of years.
Some companies are holding webinars to educate insurance brokers and accountants on how the act will affect their industries. Coverage providers will be video conferencing to discuss strategies on how to handle the influx of new customers. The main focus of the meeting, however, is new technologies that should be used in order to support their evolving infrastructures.
The ACA includes tax provisions for the uninsured and those who have previously purchased policies. Certified public accountants (CPAs) will be expected to know how these tax breaks and charges are calculated. During a 60 minute webinar, accounting firms will discuss the finer points of the new law and how to inform their clients about any changes to their taxes.
As things change, it's important for everyone to stay informed. Web conferencing technology is making it simpler for different industries to stay in touch and connect to create real-time strategies to deal with sweeping changes.