ABOUT THE SEMINAR The Patient Protection and Affordable Care Act (ACA), signed into law by President Obama in March 2010, is a sweeping piece of legislation that will fundamentally alter the healthcare landscape in this country. There are thousands of pages of legislation and regulations, new government agencies and new rules to follow. Initial market reforms such as extending coverage to young adults and covering preventive services with no member cost sharing has begun. The review of claim denials and W-2 reporting requirements have been delayed, and the courts have begun to weigh in on the constitutionality of a key component of the law - the individual mandate, scheduled to become effective in 2014. So what lies ahead? The seminar will: Briefly review the initial market reforms. Discuss new communication and administrative requirements. Provide an overview of changes that impact retirees and Medicare beneficiaries. Highlight key events scheduled for 2014 and 2018 that will impact your benefits. Share some thoughts on voluntary benefits. Discuss the financial impact and ramifications with regard to post-retirement benefits in accordance with GASB 45. Chernoff Diamond Speakers: Frank Aiosa, Partner - Health & Welfare Services Robert Abzug, Principal/Sr. Consulting Actuary Jill Bergman, Assistant Vice President - Compliance SEMINAR LOGISTICS DATE: Thursday, July 28, 2011 TIME: Breakfast at 8:00 AM, followed by the presentation from 8:30 - 9:30 AM PLACE: Chernoff Diamond Seminar Center, 990 Stewart Avenue, Fifth Floor, Garden City COST: No charge to attend; reservations required RSVP: Susan Sardinia at 516.247.3427 or ssardinia@chernoffdiamond.com CREDITS: This session qualifies for one hour of CPE and SHRM credits. ABOUT CHERNOFF DIAMOND Chernoff Diamond is a nationally recognized benefits and risk management advisory firm providing in-depth services to meet the many complex and interrelated challenges faced by individual, business and professional clients. The firm's competitive advantage is rooted in its highly experienced professionals, proprietary programs and products, and advanced in-house technological capabilities used to expand services, not replace them. Chernoff Diamond delivers the expertise, perspective and services to design, implement and administer employee benefit programs, pension, profit sharing and 401(k) plans, programs of executive and deferred compensation and sophisticated life insurance plans advantaged by ongoing in-force management. The firm's senior consulting actuaries, advanced underwriters and corporate benefits consultants are innovative leaders, providing business-smart advice. Chernoff Diamond has earned the well-deserved reputation of delivering large firm expertise with the responsiveness and efficiency of a boutique. # # #