A specific provision of the Affordable Care Act that impacts ALL employers – regardless of size – takes effect October 1, 2013. The law states that all employers must provide each employee (both full-time and part-time) with a notice regarding the new Health Insurance Marketplace (exchange) by October 1, 2013.
To be compliant with the Department of Labor, there are two separate Model Notices that must be sent. The first notice is for employers that currently offer health insurance as an employee benefit to their employees, and the second is for employers that do not offer health insurance as an employee benefit. Going forward, new hires must receive notice with 14 days of their start date of employment.
Members of SBAM have access to a new service which provides these required letters at a very minimal cost. Our partner, Lake Michigan Mailers, has created a secure, easy-to-use website designed to help you satisfy the requirement by sending out the notices to your employees.
This website will help you quickly and easily complete the information required by the Affordable Care Act, and securely upload each of your employee addresses. Lake Michigan Mailers will create the appropriate notice (written in English or Spanish), as provided by the Department of Labor, and mail the notices via First-Class mail prior to the October 1, 2013 deadline. This service is very affordable for our members: a one-time $30.00 processing fee plus 60 cents per employee address.
Visit www.ACAnotice.com today to learn more and to get started. Be sure to enter ‘SBAM’ in the Association Code box upon checkout. More details can also be found here.
Have more questions? Check out our FAQ here.