You have been working for the same small company for over 30 years and have risen through the ranks from associate to manager. The company has had a few unprofitable years in a row and now the upper management is considering ways to keep the company afloat. One of the ways to cut costs is to remove the individual health insurance that the company provides for all of its employees. The company will drop the current policy of providing health insurance to its employees and turn over the responsibility of maintaining these health insurance policies to the individual employee. Because this company has fewer than 50 employees, it does not need to follow the mandate under ACA to provide insurance for its employees. There have been discussions about the possibility of paying a percentage of the employees’ insurance but the cost was still too much for the company to handle. The job of informing the employees rests on your shoulders. Create a memo addressed to your employees that addresses these issues. Invent any necessary details.
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