Close this search box.
Close this search box.

Business Leaders Adapt to Obamacare by the Thousands

Despite its highly publicized rocky start, the Affordable Care Act gained some traction over the last couple of months as it enrolled a total of more than 8 million Americans. But it’s still a very dicey proposition for the thousands of corporate CEOs and owners of SME businesses across the country that are still anticipating, calibrating, leveraging and countering its effects.

Big-company CEOs such as GE’s Jeffrey Immelt are attempting to get their arms around the general economic anxiety that might be generated by the advance of Obamacare, as well as how changes in the health-care sector will specifically affect their companies. “Hospitals and clinics appear to be delaying purchases in response to the Affordable Care Act,” he said at GE’s annual meeting last month. Medical equipment such as MRI machines are a huge vertical for the company.

Meanwhile, a whopping 90 percent of mid-market executives named health-care costs as their top challenge in a new report by the National Center for the Middle Market at Ohio State University, according to Chief Executive.

Specifically, owners and chiefs in businesses with a significant amount of low-wage and seasonal workers are still trying to figure out how to address the penalties and incentives in the Affordable Care Act which amount to prods to get their companies to offer sponsored health coverage. Instead, many are reducing these employees’ hours under 30 per week to eliminate the problem.

Sodexo USA, for instance, is eliminating access to health insurance and other benefits for about 10,000 of their 125,000 U.S. workers because of Obamacare.

Many small businesses got a reprieve from the Affordable Care Act until next year or later, but many mid-market firms are already moving toward the realities that are going to come at some point, including opting out of providing the required coverage and preparing to pay federal penalties. Others, The Wall Street Journal said, are restructuring their businesses, reducing their employees’ hours or trimming their total headcounts to fewer than 50 full-time workers to fall below Obamacare’s radar.

Additional reading:

Odd-Hour Workers Face Loss of Employer Health Plans

The Healthcare Dilemma: Foodservice operators struggle with new healthcare legislation.

Will Obamacare help or hurt your business?


  • Get the CEO Briefing

    Sign up today to get weekly access to the latest issues affecting CEOs in every industry
  • upcoming events


    Strategic Planning Workshop

    1:00 - 5:00 pm

    Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

    Executives expressed frustration with their current strategic planning process. Issues include:

    1. Lack of systematic approach (70%)
    2. Laundry lists without prioritization (68%)
    3. Decisions based on personalities rather than facts and information (65%)


    Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

    To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

    New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

    Women in Leadership Seminar and Peer Discussion

    2:00 - 5:00 pm

    Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

    Limited space available.

    To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

    Golf Outing

    10:30 - 5:00 pm
    General’s Retreat at Hermitage Golf Course
    Sponsored by UBS

    General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

    The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

    To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.