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Text of Agency FAQs on ACA Implementation: Set 11: Notice of Coverage Options, HRAs, Fixed Indemnity Insurance, and Payment of PCORI Fees
U.S. Department of Health and Human Services [HHS]; U.S. Department of Labor [DOL] and U.S. Department of the Treasury
[Official Guidance] Jan. 24, 2013 [Editor's Note: This set of eight Frequently Asked Questions addresses the employer notice of coverage options, health reimbursement arrangements, disclosure of information related to firearms, employer group waiver plans supplementing Medicare Part D, fixed indemnity insurance and payment of PCORI fees.] Excerpt: "The Department of Labor has concluded that the notice requirement under FLSA section 18B will not take effect on March 1, 2013 for several reasons. First, this notice should be coordinated with HHS's educational efforts and Internal Revenue Service (IRS) guidance on minimum value. Second, we are committed to a smooth implementation process including providing employers with sufficient time to comply and selecting an applicability date that ensures that employees receive the information at a meaningful time. The Department of Labor expects that the timing for distribution of notices will be the late summer or fall of 2013, which will coordinate with the open enrollment period for Exchanges." MORE >> |
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