Reminder Regarding Notice of Exchange (Health Insurance Marketplace) Coverage and Revised COBRA Election Notices
This as an update to our May 16, 2013 Employment Alert regarding guidance on notice of exchange coverage options.
Nearly all employers must provide notice of Health Insurance Marketplace (formerly exchange) no later than October 1, 2013. After October 1, 2013, notice must be given to any new employee within fourteen (14) days of their hire date.
The Department of Labor has model notices you can access and use.
Employers who offer a health plan to some or all employees should use the following DOL notice or a similar notice containing the key provisions:
Employers who do not offer a health plan should use the following DOL notice or a similar notice containing the key provisions:
If you have questions about this alert or any other labor or employee benefits related matter, please contact one of the Honigman attorneys listed on this alert.