Health Care Alert - Navigating Health Care Reform
Agencies Give Employers Additional Time to Send Health Benefit Exchange Notices
by Nancy K. Campbell
As reported in our November 12, 2012 End of Year Plan Sponsor “To Do” Lists, the Patient Protection and Affordable Care Act, as amended by the Health Care and Education Reconciliation Act (collectively, the “Affordable Care Act”) requires most employers to provide all new hires and current employees with a written notice about the Health Benefit Exchange and the consequences of purchasing coverage through an Exchange rather than employer-sponsored coverage (the “Exchange Notice”). The Exchange Notice requirement was originally supposed to take effect on March 1, 2013. Under the March 1 deadline, employers would have been required to give an Exchange Notice to all current employees by March 1, 2013 and, thereafter, to new employees at the time of hiring.