Sept. 13, 2013
A new federal requirement will soon add to the obligations of business. Confusion over procedural details makes compliance a potential challenge.
Congress has mandated that employers who hire at least one worker and generate gross annual revenue of more than $500,000 must provide all employees with a notice that certain health care options are available.
All employers subject to the Fair Labor Standards Act must comply. Net income is not a definitive criterion.
The notification requirement is Oct. 1 for current employees. New employees must receive such a notice within 14 days after their start dates. The requirement applies regardless of whether an employer already offers health care insurance to workers.
More information is available at http://www.dol.gov/ebsa/newsroom/tr13-02.html. A model notice for employers who offer a health plan is available at
http://templatelab.com/FLSA-with-plans/. A model notice for employers who do not offer a health plan is available at http://templatelab.com/FLSA-with-plans/.