Employer Notification of the New Health Insurance Marketplace
All employers covered by the Fair Labor Standards Act (generally, those firms that have at least one employee and at least $500,000 in annual dollar volume of business), must provide notification to their employees about the new health insurance Marketplace. This notice must have been given to all current employees by October 1st 2013, and to each new employee beginning after October 1, 2013, regardless of plan enrollment status (if applicable) or of part-time or full-time status. The Department of Labor has provided two sample notices employers may use to comply with this rule, one for employers who do not offer a health plan and another for employers who offer a health plan for some or all employees. Refer to DOL’s Technical Guidance for more information.