All employers that have employees must give notice of the health exchange requirements by March 1, 2013. No one currently knows what the notice must include.<\/p>\n
Last March, the U.S. Department of Health and Human Services issued final regulations concerning the establishment of exchanges and qualified health plans and exchange standards for employers. Within the final regulations, the general standards for the exchange notice requirement were provided. However, additional information is forthcoming from the U.S. Department of Labor (DOL). The DOL is expected to release a model notice, along with additional guidance, prior to the March 1, 2013, effective date.<\/p>\n
Employer Action Required<\/strong><\/p>\n On March 1, 2013, employers will be required to distribute a notice of exchange to current employees and new employees. Employees hired on or after the effective date must be provided the notice of exchange at the time of hiring, while employees already employed on the effective date of March 1, 2013, will need to receive the notice no later than that date. The notice requirement applies to employers who are subject to the Fair Labor Standards Act (FLSA).<\/p>\n Penalties for Noncompliance<\/strong><\/p>\n There is no known penalty at this time.<\/p>\n Frequently Asked Questions<\/strong><\/p>\n Q: What employers are subject to the FLSA and thus subject to the notice of exchange requirement? Q: Is the notice required to be distributed to all employees or only those who are eligible for coverage? Q: May the notice be provided electronically (i.e., via email)? For more information on Idaho\u2019s Health Exchange Insurance please give us a call at (208) 377-7101.<\/p>\n IDAHO INSURANCE AGENCY All employers that have employees must give notice of the health exchange requirements by March 1, 2013. No one currently knows what the notice must include. Last March, the U.S. Department of Health and Human Services issued final regulations concerning the establishment of exchanges and qualified health plans and exchange standards for employers. Within the […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[18],"tags":[],"yoast_head":"\n
\nA: The term \u201cemployer\u201d is defined in the FLSA as \u201cany person acting directly or indirectly in the interest of an employer in relation to an employee.\u201d This broad definition will likely encompass most employers.<\/p>\n
\nA: Until further guidance is issued, it is believed that the notice should be distributed to all employees. The FLSA defines an employee as \u201can individual employed by an employer.\u201d<\/p>\n
\nA: The accepted methods of distribution are not yet known. However, it is expected that the notice may be distributed electronically in accordance with DOL guidelines for electronic disclosure.<\/p>\n
\nPaul King and Charlotte Hildebrandt
\n1650 Albright Ln #101
\nBoise, Idaho 83709
\n208-377-7101<\/p>\n","protected":false},"excerpt":{"rendered":"