Employer Reporting Required for Health Care Coverage
The Affordable Care Act requires employers to give a notice to employees of coverage options available through the Health Insurance Marketplace.
Employers are required to provide the notice to:
1. Existing employees - provide the notice not later than October 1, 2013.
2. For new employees - at the time of hiring beginning October 1, 2013.(There is a 14 day grace period for 2014 hires).
The notice is required to be provided automatically, free of charge.
The notice must be provided in writing in a manner calculated to be understood by the average employee. It may be provided by first-class mail. Alternatively, it may be provided electronically.
Sample forms for notifying employees of their options for Health Insurance Coverage are provided below:
Note: Click here to learn more about other provisions of the act.