Are You and Your Company Prepared for Obamacare?

Implementation of the Affordable Care Act is just months away. New regulations are coming. Is your company prepared?

In the wake of Health Care Reform:

  • Will you play or pay?
  • Are you subject to penalties?
  • Is your plan affordable?
  • What is your strategy?


Join John Godsoe, attorney with Bond, Shoeneck and King and Kim Olek, Vice President with First Niagara Benefits Consulting as they answer all of these questions and more.

  • Will your company will be subject to the Employer Shared Responsibility Penalty?
  • Is your company a “large employer” under the Affordable Care Act?
  • How are employees counted?
  • How is the penalty calculated?
  • Plan Design and Coverage Mandates
  • Automatic Enrollment
  • Waiting Periods
  • Required benefits and coverage levels
  • New Disclosure Requirements
  • Summary of Benefits and Coverage
  • Employee notices
  • Reporting to the government

What needs to be done now?

About our presenters:

John C. Godsoe – Mr. Godsoe is an Employee Benefits and Executive Compensation attorney at Bond, Schoeneck & King who represents employers in all aspects of employee benefits law and has experience representing a wide range of employers, including public and private sector employers, non-profit organizations and higher education institutions. His practice focuses on assisting employee benefit plan sponsors and fiduciaries in complying with the requirements of the Employee Retirement Income Security Act (“ERISA”) and Internal Revenue Code and regularly works on matters involving both retirement plans and welfare plans.

Kimberly A. Olek , Vice President Benefit Consultant, First Niagara – With a background spanning over 20 years with national benefit carriers, Kimberly’s experience ranges from Vice President of Marsh/ Mercer Consulting Group to National Account Manager for ADP and Sales Consultant for Preferred Care / MVP.  Kimberly’s understanding of the benefits industry enables her to offer her clients the most innovative benefit strategies available in the market place today.

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New York Photonics is a not-for-profit organization founded to promote and enhance the New York State optics, photonics and imaging industry by fostering the cooperation of business, academia and government.


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