Learn About the Affordable Care Act
Employers were required to provide a notice of coverage options by October 1, 2013, to
each employee, regardless of plan enrollment status (if applicable) or of
part-time or full-time status. Employers are not required to provide a separate notice to dependents or other individuals who are or may become eligible for coverage under the plan but who are not employees. For 2014, the department will consider a notice to be provided at the time of hiring if the notice is provided within 14 days of an employee’s start date. Knox has a certified application counselor on staff to assist you.
Know the Requirements
With respect to employees who are current employees before October 1, 2013, employers were required to provide the notice not later than October 1, 2013. The notice is required to be provided automatically, free of charge.
Get FREE personal and business
Financial Calculators for taxes, investments, colleges, retirement, etc.
Protect Yourself - Provide the Notice in Writing
Your notice must be provided in writing in a manner calculated to be understood by the average employee. It may be provided by first-class mail. Alternatively, it may be provided electronically if the requirements of the Department of Labor’s electronic disclosure safe harbor at 29 CFR 2520.104b-1( c) are met.
Count on the professionals at Knox Accounting & Tax Service to give you a better understanding of the Affordable Care Act.
Learn more about the Affordable Care Act
here.
Call
today to learn the facts about the Affordable Care Act!
Get more information on
the Affordable Care Act!