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Businesses get NBEDC help adjusting to new insurance regulations.

Beginning January 1, 2007, new insurance regulations take affect in Massachusetts. The New Bedford Economic Development Council together with La Pointe Insurance is offering help to business owners in preparation for the changes.

The NBEDC will conduct a seminar Friday, October 27, 2006, on health care reform and workers’ compensation in Massachusetts, focusing on how the new regulations affect business owners. The seminar will be held from 8:00 to 9:30am at the NBEDC office, 1213 Purchase St., 3rd floor of the Quest Center.

For more information or to RSVP, call 508.991.3122 ext. 12. If you know someone who may also be affected by the new insurance regulations and could benefit from the seminar, please invite them along.

Topics to be covered:

Health Care Reform
– Implementation Dates
– Employer Mandates
– New Markets for Purchase of Group and Non-Group Health Insurance
– HSAs and Section 125 Plans
– The Massachusetts “Connector”
– Compliance Costs: Fines & Fees
– Workers’ Compensation
– Employer Mandates
– Independent Contractors
– “If Any” Policies
– 2007 Rate Changes
– Saving Money
– Qualified Loss Management Programs
– Contractor’s Credit