Under the Patient Protection and Affordable Care Act (PPACA), the health benefit exchange will be operational on January 1, 2014. PPACA has required employers to provide a notice for employees prior to the start of the exchange in 2014.
The notice is to notify employees about the existence of the health exchange and explain to employees if they purchase a plan through the exchange, they may lose any employer contribution toward the cost of the employer-provided coverage. The notice will also include information for customer service resources within the exchange.
This notice was due out March 1, 2013. The Department of Labor has announced that this requirement will not take effect on March 1st. It is expected for distribution either late summer or early fall of 2013. StaffScapes will keep you updated with the rules and regulations ACA has on this exchange notice and supply our clients with a copy of this notice to distribute to employees.
For more information, please see the link here.