On Friday, we mailed to all of our HR customers, a letter describing your responsibilities to notify your employees about insurance coverage. Basically, by October 1, you must notify all employees using a form we included in the mailing. There are 2 types of forms. One tells they that you do not provide approved health insurance and that they will need to go out on the market exchange to get their coverage. The other form tells them that you do offer insurance that is approved under the regulations. It requires a little more information.
Both forms are in Spanish or English and the easiest method of distribution is to attach a copy to each employee’s next paycheck.
Also required, if you offer health insurance, you should contact your insurance agent. They must supply you with a one page plan summary. This summary tells employees the basics of your insurance plan and meets the ERISA requirement of ObamaCare. We will also need a copy of this letter so we can add it to your employee packets for all new hired employees from now on.
Please open the envelope when it arrives in the next couple of days and read the material. If you have any questions, please contact us so we can help you through this process.