The Health Insurance Marketplace (aka “Exchange”) will start accepting enrollments October 1, 2013, with initial coverage beginning January 1, 2014. All employers must notify employees of the Exchange by October 1, 2013. After October 1, all new employees must be notified within 14 days of their start date.
If in doubt, send the notice. This is not a requirement that only applies to employers with 50 or more full-time equivalent employees, or only to certain employees based on enrollment status. Employers are required to send this notice to all employees – full time, part time, enrolled in company plan or not, eligible for company plan or not.
Need help with your notice? See the Department of Labor (DOL) sample notices to help you ensure your notice is compliant.
Sheakley HR will be distributing notices by mass communication to all client employees prior to October 1st. If you have questions please contact us at email@example.com.