Affordable Care Act


The Affordable Care Act (ACA) has led to plenty of confusion. As there have been numerous changes to this act, it has been difficult to provide accurate information of what is and is not required. A recent announcement by the U.S. Department of Labor referenced the following information:

• The ACA requires employers to provide their workers with a notice about the state health insurance exchanges. These exchanges will sell insurance to individuals who don’t get coverage through their employers. The exchanges are also available to small businesses.

• October 1st is the deadline for providing these notices. Some business owners were concerned about paying a fine of up to $100 per day under the general non-compliance penalty provisions.

• The U.S. Department of Labor has announced that there will be no penalty for not issuing the notices. The official announcement as well as sample employee notices can be seen at:

1. Model Notice for employers who offer a health plan to some or all of their employees. To view this attachment click here

2. Model Notice for employers who do not offer a health plan. To view this attachment click here

If you click on the above link, you will find these notices are available in Spanish and MS Word format.

In summary, the notice states that there will be NO penalty. But if your company is covered by the Fair Labor Standards ACT (you have one or more employees, sales of over $500,000, and deal in interstate commerce), you must provide a written notice to your employees about the Health Insurance Marketplace by October 1, 2013.

If Congress continues to evaluate and make changes to this Act, we will provide you with updated information. In the meantime, should you have any questions regarding the ACA and how it affects you, please contact us at: 717-267-2100.

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