October 1 st Employer Notice Requirement Individuals Open Enrollment

1. October 1stEmployer Notice RequirementIndividuals Open Enrollment Gregg M. Goldfarb, LLP For more information visit: www.gregggoldfarb.com

2. Employer Notice • Which Employers • Content of Notice • When/How to Send • Which Employees

3. Which Employers? • $500,000 Annual Sales/Receipts • Hospitals/Schools/Government • 1 or More Employee • Multiemployer Plans • Who Sends – Employer or Plan

4. Content • Model Notices • www.dol.gov/ebsa/healthreform/index.html • Part A – Required • Part B - Optional

5. Notice Requirements • Existence of the marketplace • How to contact the marketplace for help • Description of the marketplace • Employee eligibility for tax credit if employee buys health insurance through exchange and the employer does not offer health coverage at the level required by the Affordable Care Act • The loss of any employer contribution toward the cost of an employees’ health coverage • Payment for insurance purchase in the marketplace is made on an after tax basis

6. October 1stEmployer Notice RequirementIndividuals Open Enrollment Gregg M. Goldfarb, LLP For more information visit: www.gregggoldfarb.com

7. How to Deliver • Must be free of charge • First Class Mail • Electronically – must comply with DOL electronic disclosure safe harbor • FINES – NONE

8. Which Employees Receive • Full Time – Yes • Part Time – Yes • Enrolled – Yes • Not Enrolled – Yes • POST OCTOBER 1 New Hires-Yes 14 days from date of hire