Fall 2013 – Newsletter

Obamacare

Affordable Care Act Insurance Marketplace

Effective October 1, 2013, all businesses that  have $500,000 in annual revenue and one or more employees (full or part time status) are required to give written notice to every employee about the Affordable Care Act’s health-care exchanges.  An employer who fails to give the required notice to all employees will be subject to a $100-per-day fine.  Employers can send the notices by mail or electronically.

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