Effective Dates Extended for Model Exchange Notices
The U.S. Department of Labor’s Employee Benefits Security Administration has extended the effective date of its model health insurance exchange notices through March 31, 2020, including:
- Model Notice for employers who offer a health plan to some or all employees.
- Model Notice for employers who do not offer a health plan.
Under the Affordable Care Act, employers are required to provide all new hires with a written notice about the ACA’s health insurance exchanges, which are also known as marketplaces. Employers must provide the exchange notice to each employee, regardless of plan enrollment status or of part-time or full-time status. The DOL considers a notice to be provided “at the time of hiring” if the notice was provided within 14 days of an employee’s start date.