Important Information About Health Insurance Exchanges
Insuranceguru May 23, 2013
The new Federal Health Care Reform Law requires all employers to notify their employees about the availability of public health insurance exchanges before October 1, 2013.
On Wednesday, May 8, 2013, model notices were released for employers to provide to their employees. By providing your employees with these notices, it satisfies the law’s requirement so it is extremely important you comply with the law and distribute to them.
The notices are slightly different depending on whether you offer a health insurance plan or not. Below are links to the notices.
Both notices explain how the exchanges will operate and the conditions that need to be satisfied for employees to obtain federal premium subsidies to purchase exchange-provided coverage.