August 28, 2013. Businesses subject to the Fair Labor Standards Act (those with at least one employee and $500,000 in annual dollar volume) are required to provide notice to each existing employee and all new employees from and after October 1, 2013. The notice must notify employees of the existence of state insurance exchanges and (for employers who offer insurance coverage) that choosing to obtain insurance may mean the employee loses the employer’s contribution to his/her health insurance premiums. The Department of Labor has two sample forms available for employers’ use available here.
Let Us Know What You Thought about this Post.
Put your Comment Below.