Monday, July 28, 2014

CFO Survey on Obamacare: 1 in 5 Admit to Reducing Headcount or Hours to Address

  • 18% of CFOs say their companies have changed their staffing model/headcount management as a direct result of Obamacare
  • 43% say employee out-of-pocket expenses are up
  • 33% said employee contribution percentages are increasing
  • 58% reported that Obamacare is increasing their costs 
  • 16% aren't sure if PPACA is increasing their costs.  This one is a little scary to me.  It might be time to find a new CFO if he or she cannot tell you whether PPACA has increased or decreased your healthcare costs. 
Source: Tatum's Survey of Business Conditions Second Quarter 2014.