Congressman Brady Delivers Keynote Address To Healthcare Solutions Conference, Presented By Republic Payment Systems and Sysco Foods
- Posted by republicpayment
- On May 30, 2013
- 0
THE WOODLANDS, TEXAS – (Thursday, May 30th, 2013) Congressman Kevin Brady offered opening remarks to the Texas Restaurant Association (TRA) Healthcare Solutions seminar held at the Lone Star College – Conference Center in The Woodlands. Republic Payment Systems and Sysco Foods sponsored the event.
The event was held to help restaurant and small business owners understand the impact of the Affordable Care Act’s (Obama Care) employer mandate which becomes effective on Jan. 1, 2014. “Restaurants are particularly labor intensive businesses, said Wendy Saari, vice president of marketing with TRA. “Individuals are going to be required to have healthcare coverage and large employers will need to offer it.”
That’s because the rules for business owners with more than 50 full-time equivalent employees are changing. The classification of a part-time employee is changing and part-time employees’ hours must now be considered when calculating full-time equivalents. For many, what businesses are affected and how remains a confusing situation.
“There are a lot of myths and speculation about what the new law will mean to restaurant owners,” said Terry McBurney, president elect of the Montgomery County Restaurant Association and owner of Republic Payment Systems, a sponsor of the event. “Today’s event shed a completely different and surprising light on how employers and employees will be affected by this law.” he added.
Because the restaurant industry has one of the nation’s largest labor force, the new regulations will have a significant and far reaching impact. “Business owners have concerns and need clarity on a very confusing law which will affect all of us in one way or another,” said McBurney. “For those in attendance, today’s seminar was an eye opening experience”
For information about the Texas Restaurant Association, visit www.restaurantville.com
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