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Employee Notice of Healthcare Change

9/19/2013

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  Small business owners may not have to provide health care just yet but the Employee-Notification deadline has not changed.  Notification to employees must be provided regardless of whether the company provides a health insurance  plan at this time or does not provide insurance.  Either way, the notification process must be completed.       Beginning October 1st, any business with at least one employee and $500,000 in annual revenue must notify all employees by letter about the Affordable Care Act's health-care exchanges or face up to a $100.00 per day fine. The requirement applies to any business regulated under the Fair Labor Standards Act, regardless of size.  Going forward, letters are to be distributed to any new hires within 14 days of their starting date, according to the Department of Labor (DOL).    Recently the  DOL issued information that offers temporary guidance for employers regarding this requirement.  The release can be found at dol.gov. The DOL released two model notices with information about how to deliver the information.  
  • Model Notice for employers who offer a health plan: ( http://www.dol.gov/ebsa/pdf/FLSAwithplans.pdf)
  • Model Notice for employers who do not offer a health plan: ( http://www.dol.gov/ebsa/pdf/FLSAwithoutplanspdf.
Please check with your insurance broker or provider for additional details about your plan. 
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