October 1, 2013 ACA Notice Requirements for Employers
Confusion reigns regarding the Patient Protection and Affordable Care Act ("PPACA") and obligations to provide notices to employees of information regarding the new Health Insurance Market Place ("Exchanges") by no later than October 1, 2013.
WIB has received numerous calls and inquiries concerning the October 1, deadline over the past several days. Understandably, some of the requirements of the PPACA get lost in the myriad of news reports and debates about extending time limits and attacks on program funding.
WIB is therefore publishing an article by Andy DeClercq with links to model notices. Andy is an attorney with Boardman & Clark, LLP - the law firm retained by WIB to assist WIB members.
In the meantime, a couple of key issues include:
Number of Employees: The October 1, 2013 Notice Deadline is not limited to employers with more than 50 employees. The Notice requirement applies to all employers covered by the Fair Labor Standards Act ("FLSA"). The FLSA covers all employers with at least one employee and at least $500,000 annual business revenue.
Employer Coverage: The October 1, 2013 Notice Deadline is applicable whether or not the employer offers any health insurance to its employees. The model notices used will be different for employers offering health plans from those who do not.
Full vs. Part-Time Employees: The Notice requirements are applicable to both full and part-time employees.
New Hires: Employees hired after October 1, 2013, must be provided applicable notices at the time of hire or within 14 days thereafter.
COBRA Notices: Required COBRA notices for employees have been modified to reflect information on the exchanges.
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Wisconsin Outpacing other Midwest States in Hiring Outlook
Aided by a strong construction market, Wisconsin is getting some good news on the hiring front, with Madison and Milwaukee near the top of the national list of metropolitan areas expected to add workers this spring.
Overall, Wisconsin employers will be hiring “at a robust pace” during the second quarter of 2014, according to the Manpower Employment Outlook Survey.
From April to June, 26% of state firms interviewed by Manpower said they plan to hire more employees, while 5% expect to reduce their payrolls, which yields a Net Employment Outlook (NEO) of 21%. That compares to an 18% percent NEO for Wisconsin a year ago.
Wisconsin is also expected to outpace its neighboring states, other than Iowa, in hiring over the next quarter. Like Wisconsin, Iowa had a NEO of 21%, followed by Michigan (19%), Minnesota (18%) and Illinois (11%).
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