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Important Benefits Notices Set to Expire Soon

Sep 27, 2016

HR360, Inc. 

September 26, 2016

Important Benefits Notices Set to Expire Soon 

With preparations for open enrollment underway, please be advised that the current versions of two important benefits notices—the Employer Children's Health Insurance Program (CHIP) Notice and the Health Insurance Exchange Notice—are set to expire per the guidance below. 

Employer CHIP Notice 

All employers that provide coverage in states with premium assistance through Medicaid or CHIP must inform employees of potential opportunities for assistance in obtaining health coverage. 

The Employer CHIP Notice must be provided annually before the start of each plan year. An employer may provide the notice applicable to the state in which an employee resides concurrent with the furnishing of: 

The ​current version of the Employer CHIP Notice is set to expire on October 31, 2016

Health Insurance Exchange Notice 

All employers ​covered by the Fair Labor Standards Act (FLSA) must provide each employee a written notice with information about a Health Insurance Exchange (also known as a Marketplace) within 14 days of an employee's start date. One ​model notice is available for employers that offer a health plan to some or all employees, and another ​model notice is available for employers that do not offer a health plan. Both of these model notices are set to expire on January 31, 2017

At this time, the U.S. Department of Labor has not announced when new versions of these notices will be released. 

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