Health Care Reform And The Attractions Industry
The Affordable Care Act (ACA) is exceptionally complicated and comprehensive. It contains hundreds of provisions which will impact virtually every business, person, and health care entity in the nation.
Some of the sections of the law require action by federal and state agencies before they can be put into effect. Others are subject to widely varying interpretations and must be clarified by administrative action. Accordingly, implementation of this massive statute requires the issuance of hundreds of regulations, guidances, policy statements, rulings, and other regulations from numerous federal agencies including the Department of Health and Human Services, the Centers for Medicare and Medicaid Services, the Department of Labor, the Treasury Department, and the Internal Revenue Service. In addition, state governments will be required to promulgate far-ranging rules to implement portions of the law for which they are responsible
The regulations implementing the ACA are lengthy and complex and in many cases are cross-referenced to, and correlate with, other regulations issued by HHS, Treasury, and Labor. Members are advised to seek expert assistance in assessing their duties under the ACA.