As a service to our clients, we want to make you aware that one of the provisions of the Affordable Care Act is a requirement that certain businesses provide notices to their employees by October 1, 2013, of the employee options to choose coverage offered through the Health Insurance Marketplace.
Is your business subject?
The first question to answer is if your business is even subject to the notice requirement.
All businesses covered by Fair Labor Standards Act (FLSA) are required to provide the notices to their employees.
Generally this means:
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A Federal, state, or local government agency
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A hospital; or an institution primarily engaged in the care of the sick, the aged, or the mentally ill or developmentally disabled who live on the premises; (it does not matter if the hospital or institution is public or private or is operated for profit or not-for-profit)
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A pre-school; elementary or secondary school or institution of higher learning (e.g., college); or a school for mentally or physically handicapped or gifted children (it does not matter if the school or institution is public or private or operated for profit or not for profit)
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A company/organization with annual dollar volume of sales or receipts in the amount of $500,000 or more.
If you are not sure you can use the Department of Labor website Q&A to determine if your business is covered by FLSA
Do I have to comply with FLSA?
What are the notices?
We have provided copies of required notices that you can download and use to meet the reporting requirements for your employees.
We hope this information will help you comply with the new laws, feel free to contact us is you have any questions.
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