Did You Know? Exchange Model Notice Expiration Date Extended

ACA compliance bulletin image
The DOL recently extended the expiration date on its model Exchange notices under the ACA through May 31, 2020. Despite the updated expiration date, the content of the model notices has not substantively changed. The expiration date is included largely as an administrative function for the DOL and does not impact the notices’ applicability or an employer’s ability to use them. The ACA requires employers to provide the exchange notice to all new hires at the time of hiring. There is no annual requirement to provide the notice to existing employees nor is there a fine or penalty for failing to provide the notice. This ACA Compliance Bulletin provides more information on this development.

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New Exchange Special Enrollment Periods for 2015

Health Care Reform bulletinThe 2015 Exchange open enrollment period ended on Feb. 15, 2015. However, new special enrollment periods are available for a limited time for some  individuals.  Individuals who were unaware of or didn’t understand the individual mandate penalty may enroll from March 15 to April 30, 2015. In line individuals could enroll until Feb. 22.

For more information, New Exchange Special Enrollment Periods for 2015

 

© 2015 Zywave, Inc. All rights reserved.

Agencies Release New COBRA Guidance for Individuals and Employers

Health Care Reform Legislative BriefThe DOL and HHS recently issued clarifying guidance regarding COBRA to reflect the impact of the ACA’s Exchanges. This Agencies Release New COBRA Guidance for Individuals and Employers Health Care Reform Compliance Bulletin provides an overview of the agencies’ guidance.

Exchange Subsidy Availability Expanded in 2014 Due to Technical Difficulties

Health Care Reform bulletinQuick Facts
To address the Exchanges’ enrollment problems, CMS is making subsidies available in 2014 for certain individuals who were unable to enroll through an Exchange.
Transition relief is available for individuals:

  • Not enrolled in coverage continuously since Jan. 1, 2014; or
  • Enrolled in a QHP outside the Exchange.

To read the full guidance:  Exchange Subsidy Availability Expanded in 2014 Due to Technical Difficulties

This Health Care Reform Bulletin is not intended to be exhaustive nor should any discussion or opinions be construed as legal advice.
Readers should contact legal counsel for legal advice.
© 2014 Zywave, Inc.All rights reserved.

Exchange Subsidy Availability Expanded in 2014 Due to Technical Difficulties

Health Care Reform bulletinOn Feb. 27, 2014, the Centers for Medicare & Medicaid Services (CMS) issued guidance expanding the availability of Exchange subsidies in 2014. If certain conditions are met, this guidance makes subsidies available for individuals who were unable to enroll in a QHP through the Exchange due to technical difficulties with Exchange functions. This Exchange Subsidy Availability Expanded in 2014 Due to Technical Difficulties Health Care Reform bulletin provides an overview.