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Affordable Care Act - Small Biz

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  4. Do employers have to notify their employees about the new insurance exchanges?

Do employers have to notify their employees about the new insurance exchanges?

All companies with at least $500,000 in annual revenue and at least 1 employee must notify their employees about health coverage options, including the existence of the new insurance exchanges by October 1, 2013. Employers are required to provide notice to each employee at the time of hiring beginning October 1, 2013. For 2014, the employer can provide notice within 14 days of the employee's starting date.

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