Is your business prepared for the October 1, 2013 Affordable Care Act notification deadline?
Beginning Oct. 1, any business with at least one employee and $500,000 in annual revenue must notify all employees by letter about the Affordable Care Act’s health-care exchanges. The requirement applies to any business regulated under the Fair Labor Standards Act, regardless of size. Going forward, letters are to be distributed to any new hires within 14 days of their starting date, according to the Department of Labor.
If your business missed the deadline, better late than never. Sample forms to distribute to employees are found below:
For more information, please see the official Axis Guide to Obamacare for Small Businesses.