CFOs new concern: The effects of healthcare reform
Finance chiefs are no longer worrying about the state of the economy. Now, the effects of the healthcare reform law are keeping them up at night.
That’s the word from Grant Thornton LLP, the firm that recently conducted its biannual survey of CFOs and senior controllers in the banking and financial services industry.
First, the economy. Almost half (48%) of CFOs expect the economy to improve in the next six months — and a full 65% are optimistic about their own company’s prospects.
But finance chiefs expect the healthcare reform law to cause plenty of issues down the road. According to Grant Thornton, 49% of CFOs believe the reform law will decrease their company’s hiring, and more than half (52%) believe it will reduce their company’s growth.
What’s more, finance execs believe reform will force them to take reactionary measures — with 58% saying it will cause them to increase their product pricing.
- Share on
Free Training & Resources
White Papers
Provided by UJET
Further Reading
401(k) investment plans remain one of the best ways for Americans who are living well into their 70s and 80s to afford retirement. After al...
Here’s a common rollover scenario: An individual leaves one employer for another. The previous employer offered a 401(k) plan. The...
The Department of Labor (DOL) is once again taking a neutral stance on offering a certain investment option to retirement plan participants...
Financial wellness programs often sound expensive or complex, but the truth is that one simple step — helping employees better unders...
Finance rarely sees jury duty or bereavement as risk. They’re payroll line items. Until courts link them to USERRA military leave –...
What should you do if you mistakenly pay out too much for one of your employer-provided benefits, such as your retirement plan? Plan spo...
