To help your company meet its compliance requirements, we’d like to inform you that the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has extended the effective date of its model Health Insurance Exchange Notices through March 31, 2017. Previously, these model notices expired on February 28, 2017. Employers may click here to download [...]Continue Reading →
Posts Tagged 'Exchange Notice'
As part of the Affordable Care Act, employers received a new compliance requirement regarding the Exchanges (Marketplaces). In 2013, employers were required to provide the Exchange Notice to employees prior to October 1st. However, while there is no requirement to provide that notice on an annual basis, employers must provide the notice to each new [...]Continue Reading →
In the midst of preparing for their benefits renewal and enrollment season — and dealing with a very sizable list other HR-related tasks — many employers have also been working on meeting their requirement to send out an Exchange Notice prior to October 1st. While this requirement is still in place, I do want to make you [...]Continue Reading →
Has your company heard about Health Care Reform’s Exchange Notice requirement? Perhaps you’ve learned about it recently in our blog, at a conference, on social media, through an eNewsletter, or from your benefits broker/advisor. The notice, which much be distributed to employees by October 1st, must contain content that addresses these four requirements: Inform employees about [...]Continue Reading →
The Department of Labor recently released three documents related to Health Care Reform that employers will want to take note of. This includes Model Exchange Notices and a COBRA Election Notice. Exchange Notices As part of the Affordable Care Act, employers are required to distribute an Exchange Notice to employees. This document is meant to [...]Continue Reading →