Employee Education for New Hires
Employers must provide notice to employees that includes the following:
- Information about the state Exchanges;
- The availability of premium assistance (if the plan pays less than 60% of allowable costs)
The Health Care Reform statute requires employers to deliver the first notices by March 1, 2013. However, the DOL has delayed enforcement of this provision until after regulations are published, and expects that the timing for distribution of notices will be late summer or fall of 2013.
American Fidelity Assurance Company does not provide tax or legal advice.