101 Devant Street
Fayetteville, Georgia 30214
Bausch & Associates
To: All Clients of Bausch & Associates
From: Judith A. Bausch
By October 1, 2013, employers are required to provide written notices to all existing employees — regardless of benefit enrollment status or full- or part-time status — about health coverage options, including notification about federal and state health insurance marketplaces. (THE MARKET PLACE). There was a penalty for noncompliance but this has been waived for this year.
For employees hired after September 30, 2013, the notice must be provided at the time of hiring; however, for 2014, a notice provided within 14 days of an employee's start date will be considered provided at the time of hiring (EBSA Technical Release 2013-02). Informally, the Department of Labor (DOL) has indicated that for October-December 2013, new employees should receive the notice as soon as possible but no longer than 14 days after their start date.
This health care reform requirement applies to hospitals, schools, certain residential institutions, and government agencies, as well as any employer that is engaged in interstate commerce or an employer with at least $500,000 in gross receipts per business year.
The Department of Labor has provided model notices for employers who do not offer insurance as well as for employers who offer coverage to some or all employees. New Health Insurance Marketplace Coverage Options and Your Health Coverage – We have included a copy of BOTH FORMS with this memo.