ATLAS Helps Employers Manage Complex Financial And Operational Issues
Barney & Barney Launches Solution To Navigate Health Care Reform
, one of the nation’s largest independent insurance brokerages, today announced a proprietary solution to help employers manage the significant financial and operational impacts of the Affordable Care Act on their company.
from Barney & Barney delivers a set of recommendations and solutions based on an evaluation of the law’s impact on an employer’s finances, operations and human capital. ATLAS combines technology and the experience of Barney & Barney’s employee benefits team to analyze the effect of the law and recommend strategic, customized solutions.
According to Barney & Barney, health care costs will likely double by 2018, with costs significantly rising in 2014.
“The Affordable Care Act is not only one of the most significant pieces of legislation since Medicare, it also poses significant challenges to most businesses,” said , head of Barney & Barney’s Employee Benefits Division. “The new law will add expense and complexity and potentially impact every company’s ability to hire and grow. ATLAS is a comprehensive solution to help employers of all kinds understand the issues and make smart, long-term decisions.”
ATLAS offers recommendations based on a financial modeling tool that projects an employers’ health care spending through 2020. The analysis takes into account the impact of taxes, subsidies and penalties in connection with the law. Compliance audits from Barney & Barney’s in-house ERISA attorneys are also part of the evaluation process. To help companies stay current with new regulations, ATLAS offers updates, workshops, webinars and other educational resources.
Barney & Barney’s next health care reform webinar, , will be held Thursday, May 9, 2012 from 10 am to 11 am PT. Barney & Barney’s Christopher K. Bao, Esq. will lead the discussion. today for the webinar.
“Heath care reform doesn’t just affect your bottom line – it can determine your ability to compete in the marketplace,” Pynes said. “ATLAS provides employers with a strategy and set of tactical initiatives to attract, retain and compensate talent as the law is implemented.”
For more information about ATLAS, contact Bill Murphy, , 858.587.7409.
Founded in 1909, Barney & Barney, LLC is a risk management and insurance brokerage firm providing solutions, services and products in commercial property and casualty insurance, employee benefits, workers compensation, compensation consulting, executive liability, personal lines and surety. An independent, partner-owned firm, Barney & Barney also offers value-added services in alternative risk financing, business continuity and loss control. Barney & Barney is headquartered in San Diego, with offices in San Francisco and Orange County. For more information, visit , or call 800.321.4696. For information about the Barney & Barney Foundation, visit .