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Businesses face deadline on health exchange notices - KOAM TV 7

Businesses have October 1st deadline to inform workers about health care exchanges

Updated: Aug 29, 2013 03:24 PM

 

For most  workers like those at Able Manufacturing and Assembly, LLC, word of the Affordable Care Act has come from the news.  But now it will come from their employer.  
By October first a notice must go to workers explaining that the government's health insurance marketplace is open for enrollment.

Human resources director Susan Adams says, " If employers plans don't meet parameters of health care reform, employees may have additional tax credits available to them.  They can go into the health care marketplace sort of pick and choose between options of health care coverage." 

But human resource directors like Adams  fear the notice alone could alarm employees. She says, "It's very confusing and I think people might read it and panic thinking  their health insurance is gonna be canceled or their rates are going to go up.  Really what it is, is  just informing them of all the various options that are available to them."


Human resources consultants are encouraging businesses to add a cover letter.  Jonathan Scales with Adviant says, " If they (employees) just get the notice blindly,  the employee might think my employers ditching all my health insurance. So now I have to go out on my own to get it.  That's why we're advising our clients to put some kind of cover memo with it to say no we're still gonna have  insurance or they may choose not to have insurance going forward." 

Able Manufacturing has 330 employees  and between 75 and 80 percent are on the companies health care plan. The human resources officials want to ensure workers that they meet federal health care reform standards.

To see the notice required by the Department of Labor click here for a link to 
http://www.dol.gov/ebsa/newsroom/tr13-02.html

To see a sampel model notice CLICK HERE.
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