May Health Care Reform Update
Posted on: May 9, 2013Categories: HR & Compliance(May 9, 2013)
On May 8, 2013, the Department of Labor (DOL) released guidance on the Exchange notice requirement. This notice was supposed to have been provided to employees on March 1, 2013 but the DOL postponed this on January 24, 2013. Under the new guidance released, the notice has to be supplied by October 1, 2013 to all current employees. For new hires, beginning October 1, 2013, the DOL will consider a notice to be provided at the time of of hiring if the notice is provided within 14 days of an employee’s start date.
A few things to consider when providing notices:
Each employee must recieve a notice, regardless whether full or part time
The notice requirement applies to employers that are subject to the FSLA, click here to access the compliance tool
A new COBRA election notice has been provided that plans may use to satisfy the requirement to provide the election notice under COBRA
Click on the link below as we have provided more information on this recent guidance. . If you have any questions on this guidance please consult with your Clarke & Company Benefits representative.
Legislative Brief: DOL Issues Model Exchange Notice and Sets Compliance Deadline
Department of Labor Techical Release 2013-02
Department of Labor FSLA Compliance Tool
Model Exchange Notice for Employers who do offer a health plan
Model Exchange Notice for Employers who do not offer a health plan
New Model COBRA election notice
share:
