The state Marketplace in Massachusetts is the Massachusetts Health Connector. The Health Connector just issued a Massachusetts-specific template that Massachusetts employers may use to satisfy the federal Affordable Care Act (“ACA”) Marketplace notice requirement and the state’s new Section 125 plan notice requirement under the MA health reform law.
The ACA requires employers to provide a Notice of Marketplace Coverage Options to all current employees by October 1, 2013 and to all new employees hired on or after October 1, 2013, within 14 days of the employee’s start date. The purpose of the notice is to provide employees with information regarding the existence of the Marketplace as well as contact information and a description of the services provided by the Marketplace.
Massachusetts employers may satisfy the ACA Marketplace notice requirement by either choosing to use:
- The Massachusetts-specific template that the Health Connector just issued; or
- The federal model Marketplace notice that the Department of Labor issued in May, 2013.
The Massachusetts template also includes information related to any section 125 plans sponsored by the employer, which is designed to ensure that the employer will meet the state’s new Section 125 plan notice requirement under the MA health reform law.
For more information contact:
John P. McMorrow