PPACA brings numerous responsibilities and options to employers. Here is a summary of the PPACA provisions that apply to group health plans and whether the provision applies to self-funded plans.
PPACA brings numerous responsibilities and options to employers. Here is a summary of the PPACA provisions that apply to group health plans and whether the provision applies to insured large group plans.
On Sept. 11, 2013, the Department of Labor (DOL) issued an FAQ that stated that no penalties will apply to employers that fail to provide the exchange/marketplace notice. Despite this FAQ, employers may still want to provide the notice, to provide information to employees and to reduce the risk of unanticipated liability.
With less than a month before the exchanges roll out, the DOL announces that employers do not have to provide exchange notices and will not penalize employers that fail to provide the notice.
DOL announces that there will not be a penalty imposed on employers that fail to distribute the health insurance exchange notices which are planned to roll out in October 2013.
The exchange coverage notice must be provided to each employee regardless of the employee’s status.
Get the latest model exchange notice issued by the Department of Labor.
The federal government continues to pump out benefits related guidance. Stay informed!
DOL has concluded that the notice requirement will not take effect on March 1, 2013
