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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The SHOP Marketplace in Open
News of the Day - 7/29
Highway, Bridge Money at Risk; Senate to Vote
Racing to adjourn for the summer, the Senate scheduled major votes Tuesday on proposals to keep federal highway funds flowing across the nation — billions of dollars to avert layoffs for construction workers and shutdowns of road and bridge projects just before the November elections.
The House passed a $10.8 billion bill last week that would pay for highway and transit aid to states through the end of May 2015 at current spending levels, and the Senate was taking up that legislation. But some senators, complaining that the House version depended on budgetary gimmicks and wanting to force action on a longer-term solution, were expected to offer amendments. And if any amendments passed, that would set up a showdown between the House and Senate on how to resolve the differences.
By Friday, the federal Highway Trust Fund will no longer have enough money to cover promised aid to states, the Transportation Department says, and the government will begin to stretch out payments. Congress has kept the trust fund teetering on the edge of bankruptcy since 2008 through a series of temporary fixes because lawmakers have been unable to find a politically acceptable, long-term funding plan. States have been warned to expect an average reduction of 28 percent in aid payments.
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