April 25, 2024
Leveraging Supplier Diversity for Economic Prosperity in Massachusetts
Editor’s note – This article appeared Wednesday in The Springfield Republican. By Brooke Thomson and Xiomara Albán DeLobato…
Read MorePosted on January 25, 2013
The United States Department of Labor (DOL) has delayed the scheduled March 1 implementation of a federal health care reform provision requiring employers to inform workers about health insurance exchanges.
The regulation under the Affordable Care Act (ACA) would require “affected employers” to provide a written notice to all current employees, and subsequently to each new employee on date of hire, on three issues:
The DOL has decided to postpone the compliance date from March 1 to the “late summer or fall” of 2013.
Federal regulators say they intend to coordinate the employer notification requirement with educational efforts being undertaken by the U.S. Department of Health and Human Services, Internal Revenue Service guidelines on determining the minimum value of employer plans and the open enrollment periods of state exchanges.
Employers have been waiting for further guidance from the DOL on how to comply with this notice requirement. More specifically, employers have been waiting to see if the DOL would provide a model notice or model language to be included in an employer written notice.
It is unclear whether regulators will issue such a model notice or, in the alternative, whether they will direct employers to language contained in similar notices for benefits available through state exchanges as contained on their websites.