Affordable Care Act Mandate For Employers Delayed, Notice To Employees Still Required
As you’ve likely already heard, the Affordable Care Act’s mandate for employers to provide health insurance to all employees has been delayed one year. But did you remember to provide notice to your employees of the healthcare exchanges by October 1st? If not, the good news is that there’s currently no penalty for failing to issue the notice. However, that is likely to change, so you should issue the notice now to all existing employees and make sure to include it in the first day paperwork given to new employees in the future. A copy of the model notice is available on the U.S. Department of Labor’s website here: www.dol.gov/ebsa/healthreform/.
To discuss how these issues apply to your company contact: Laura A. Balson, (312)696-1351, firstname.lastname@example.org or Margaret A. Gisch, (312)696-2039, email@example.com.