Thursday, July 10, 2014

Affordable Care Act



Q. Now that the Affordable Care Act (ACA) has started, what notice must be given to my employees and where can I get a free copy of the required notice?

A. All employers are required by the ACA to give employees notifications regarding the individual health insurance exchange and summary of benefits. The required date to have the notice posted has past, but you must still have it posted for all employees to see. There are 2 different notices, one for employers that offer health care benefits and another if you do not offer any benefits.  You get a printable copy of the notice for free at the DOL website here:
  
Notice for employers that DO offer a health plan to some or all employees
                                                                              
                                                                GO TO     http://www.dol.gov/ebsa/pdf/FLSAwithplans.pdf

                                                                                                        ENGLISH | Printer Friendly Version |
                       
                                                                                                        IN SPANISH (en español)  | Printer Friendly Version

Notice for employers that DO NOT offer a health plan to some or all employees
                       
                                                                GO TO       http://www.dol.gov/ebsa/pdf/FLSAwithoutplans.pdf
                                                                                                       
                                                                                                        ENGLISH | Printer Friendly Version |

                                                                                                        SPANISH (en español) | Printer Friendly Format

The ACA is very complicated so consult with your insurance agent or legal advisor for advise.

3 comments: