Obamacare Healthcare Surprise: Even Employers With No Health Plan Must Distribute Notices By October 1st
This article provides important information for California employers. If you are an employee checking out Obamacare healthcare plans for yourself, read our Covered California Buyer Guide.
The Fair Labor Standards Act requires all employees to receive a disclosure notice from their employer beginning Ocrober 1, 2013. The notice includes the following advertisement: “When key parts of the health care law take effect in 2014, there will be a new way to buy health insurance: The Health Insurance Marketplace.” The Health Insurance Marketplace is another term for the new ObamaCare Healthcare Exchanges, such as the Covered California exchange (see related story), which is accepting enrollments in October 2013.
Regulatory notice OMB No. 1210-0149 goes on to disclose basic information about the new Health Insurance Marketplace, including how to save money on health insurance premiums in the marketplace etc. If you are interested in a copy, send an email to firstname.lastname@example.org.