Employers’ October 1 Deadline for ACA Notice Approaches

Under the Affordable Care Act (ACA), employers must give notice to employees about the availability of coverage through the new health insurance exchanges by October 1, 2013.

The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) issued Technical Release 2013-02 to help employers with the requirement. EBSA released 2 versions of the notice, one for use by employers that offer a health plan and one for employers that do not.

The IRS recently delayed the Affordable Care Act (ACA) employer pay-or-play (shared responsibility) mandate and related employer reporting requirements by one year. With the extension, employers will not face penalties for failing to offer full-time employees health care coverage meeting certain standards until 2015.