Notice to Employees of Coverage Options – Affordable Care Act

An employer notification requirement was added to the Fair Labor Standards Act as part of the Affordable Care Act.  All employers who are subject to the FLSA must provide a notice to each of their employees informing them of the Health Insurance Marketplaces (Exchanges).  The employers must also give their employees information on premium tax credits that may be granted to eligible individuals who purchase coverage through the Marketplaces.

The DOL is requiring that this information be provided no later that October 1, 2013 to all current employees and to new employees hired after October 1 within 14 days of hire.