Beginning January 1, 2014, individuals and employees of small businesses will have access to insurance coverage through the Affordable Care Act’s (ACA) health insurance exchanges, which are also known as Health Insurance Marketplaces. Open enrollment under the Marketplaces will begin on October 1, 2013. ACA requires all employers to provide all new hires and current employees with a written notice about ACA’s Marketplaces.
The Department of Labor (DOL) has prepared model Marketplace notices which are linked below to provide guidance for employers to use in satisfying the Exchange notice requirement.
Model Marketplace Notice for employers that offer a health plan.
Model Marketplace Notice for employers that do not offer a health plan
The DOL also set a compliance deadline for the Exchange notices. Employers must provide employees with a Marketplace notice by October 1, 2013.
More information on employer and individual mandates is available on the Health Care Reform Resources page.