Employer notification of the Marketplace
Sept. 17, 2013
On September 11 the Department of Labor (DOL) released an FAQ clarifying that an employer cannot be fined for failing to provide employees with notice about the Marketplace as required by Section 1512 of the Affordable Care Act (ACA).
You will recall that notices are to be provided to current employees by October 1, 2013 and to all new hires beginning October 1, 2013.
The U.S. Department of Labor has two model notices to help employers comply. There is one model for employers who do not offer a health plan and another model for employers who offer a health plan to some or all employees:
- Model Notice for employers who offer a health plan to some or all employees (PDF)
- Model Notice for employers who do not offer a health plan (PDF)
Where can I find more information?
More information can be found in the DOL FAQ.
The information in this document is based on preliminary review of the national health care reform legislation and is not intended to impart legal advice. The federal government continues to issue guidance on how the provisions of national health reform should be interpreted and applied. The impact of these reforms on individual situations may vary. This overview is intended as an educational tool only and does not replace a more rigorous review of the law’s applicability to individual circumstances and attendant legal counsel and should not be relied upon as legal or compliance advice. As required by US Treasury Regulations, we also inform you that any tax information contained in this communication is not intended to be used and cannot be used by any taxpayer to avoid penalties under the Internal Revenue Code.