Annual Exchange Notice Requirement
The Patient Protection and affordable Care Act requires employers to provide all employees with a Department of Labor notice regarding the health insurance marketplace, also known as the “Exchange”. The deadline for distributing the annual Exchange notice is November 1, 2018.
Employers may need to update the information contained in the Notice; the most recent version of the form is attached.
For employers offering group health insurance coverage to its employees, please include the plan’s administrative contact on page 1.
On page 2, please fill in health insurance eligibility requirements for employees and their dependents; For example “Full-time employees having completed 60 days of service” and “Spouse and dependent children up to 26”.
Completing questions 14 and 15 on page 3 are optional.
Please save this Notice as it must be provided to all new employees (within 14 days of hire).
Notices may be distributed by mail, in person, or via email. When distributing in-person or via email, it’s advisable to obtain the employee’s acknowledgment of receipt.
If you have any questions, please contact a member of our team at 800-733-2530.