Advanced Benefits Legal eBlast – January 25

Department of Labor (DOL) Released FAQ on Exchange Coverage

The Department of Labor (DOL) released FAQ guidance on Thursday, January 24, 2013, in which the DOL concludes that requirement for an employer to notify new and current employees of the availability of Exchange coverage will not take effect on March 1, 2013.  The requirement is delayed until further regulatory guidance is available.  Expected timing for distribution of the notice is late summer or fall of 2013, to coordinate with the Exchange open enrollment period.

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