Human Resources
Have You Heard? Employers Must Notify Employees of Exchange Option

Have You Heard? Employers Must Notify Employees of Exchange Option


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Beginning October 1, 2013, all employers subject to the Fair Labor Standards Act (FLSA) must provide a notice to new and current employees regarding coverage options available through an Exchange, as part of the Patient Protection and Affordable Care Act (Affordable Care Act). Employers also have the option of providing this notice before October, according to Technical Release 2013-02 issued by the Department of Labor’s (DOL) Employee Benefits Security Administration (EBSA) on May 8, 2013. Technical Release 2013-02 provides temporary guidance related to this notice.

EBSA also released a model notice to employees of coverage options, as well as an updated model election notice for group health plans for purposes of COBRA, which includes additional information regarding health coverage alternatives offered through an Exchange.

The Aon Hewitt bulletin below discusses Technical Release 2013-02.

Download Have You Heard? Employers Must Notify Employees of Exchange Option.