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The Impact of ACA Compliance Costs on Small Business Finances

Strategy Driven

This can include HR professionals, compliance officers, or consultants who specialize in ACA compliance. Moreover, businesses often need to invest in specialized software to manage and track health insurance offerings and compliance data. However, providing compliant health insurance can also have positive effects.

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Compliance Alone Won’t Make Your Company Safe

Harvard Business Review

Consider the following examples: In 2007-2008, a former Credit Suisse Group AG trader committed wire fraud and manipulated the books on mortgage-backed securities to enhance performance and boost year-end bonuses. The company plans to spend an additional $4 billion on compliance and recruit an extra 5,000 employees.