ARTICLE
21 August 2018

DOL Issues Updated ACA Marketplace Notice

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Ogletree, Deakins, Nash, Smoak & Stewart

Contributor

Ogletree Deakins is a labor and employment law firm representing management in all types of employment-related legal matters. Ogletree Deakins has more than 850 attorneys located in 53 offices across the United States and in Europe, Canada, and Mexico. The firm represents a range of clients, from small businesses to Fortune 50 companies.
The U.S. Department of Labor (DOL) recently issued new versions of the Affordable Care Act (ACA) Notices of Exchanges.
United States Employment and HR
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The U.S. Department of Labor (DOL) recently issued new versions of the Affordable Care Act (ACA) Notices of Exchanges. The ACA requires employers to provide employees with a written notice that contains information about the insurance purchasing exchanges (i.e., the "Health Insurance Marketplace" or "the Marketplace") and describes the availability of a premium tax credit and the effects of obtaining coverage through the Marketplace. In the notice, employers must also explain that employees may lose their employers' nontaxable contribution to health benefits if they elect to obtain coverage through the Marketplace.

The DOL has issued two updated model notices—one for employers that offer health plan coverage to employees and one for employers that do not. These notice versions are set to expire May 31, 2020.

Please see our prior blog for the requirements on content, timing, and applicability of the notices.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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ARTICLE
21 August 2018

DOL Issues Updated ACA Marketplace Notice

United States Employment and HR

Contributor

Ogletree Deakins is a labor and employment law firm representing management in all types of employment-related legal matters. Ogletree Deakins has more than 850 attorneys located in 53 offices across the United States and in Europe, Canada, and Mexico. The firm represents a range of clients, from small businesses to Fortune 50 companies.
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