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Posts Tagged 'Exchange Notice'

New Expiration Date for Health Insurance Exchange Notices is May 31, 2020

To help your company meet its ongoing compliance requirements, we’d like to inform you that the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has extended the expiration date on its model Health Insurance Exchange Notices to May 31, 2020. Previously, these model notices were set to expire on May 31, 2017. Please click [...]

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New Expiration Date for Health Insurance Exchange Notice is April 30, 2017

Has your company been meeting its compliance requirement to distribute the Health Insurance Exchange Notice to new hires? If so, please note that the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has once again extended the effective date of its model notice. The revised version of the notice now has an expiration date [...]

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New Expiration Date for Health Insurance Exchange Notices

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 [...]

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Compliance Reminder: Employers Must Provide Exchange Notice at Time of Hiring

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 [...]

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Exchange Notice: No Penalty for Failure to Send

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 [...]

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Four Items That Must be in the Exchange Notice

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 [...]

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Health Care Reform: Model Exchange Notices and Compliance Deadlines

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 [...]

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