Department of Labor Releases Model Notices on Health Insurance Marketplaces

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On May 8, 2013, The Department of Labor (“DOL”)released a model notice and

guidance with regard to the requirement under the Affordable Care Act (“ACA”) that employers provide notices to employees about the state health care exchanges, also called Health Insurance Marketplaces (“Marketplaces”). Under the statute, employers were originally supposed to provide notices to employees of the existence of the Marketplaces and eligibility requirements for purchasing insurance through the Marketplaces by March 1, 2013. On January 24, 2013, however, DOL issued guidance delaying the deadline date until late summer or early fall 2013 to allow the government to issue further guidance and model notices. With the release of this model notice, DOL has set October 1, 2013, as the new deadline by which employers must provide the notices to existing employees.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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