Exchange Model Notices Released by DOL
Under the Affordable Care Act, employers are required to notify employees of their options in the “Health Insurance Marketplace” (aka State or Federal Exchanges). As expected, the DOL has released model notices employers can use to fulfill this requirement – one for employers who offer a health plan, and one for employers who do not. The notices are not required to be distributed until October 1, 2013, however, employers who wish to notify employees earlier may do so.
The notice must be given to all employees, regardless of whether they are currently covered by the employer plan and without regard to eligibility status. Employers are not required to distribute a separate copy to dependents of employees.
It is important to note that the Model COBRA Election Notice has been revised as well.
If you have any questions, please contact us.
*This MEA Member Alert is provided for general informational purposes only and does not constitute legal advice.