What does that mean for you as an employer? It means that first you need to determine if you are a large or small employer. To calculate your full-time equivalent employees, download the free National Restaurant Association Health Care Primer here.
Once you’ve determined your size (large or small) under the Affordable Care Act, then you will complete the notification form and distribute to your employees to read it and sign that they understand.
What individuals need to know? If you work for a small company and are not eligible for coverage through your employer, you must obtain coverage on the Health Care Marketplace beginning October 1, 2013 to February 28, 2014. Based on your annual salary, you may be eligible for government subsidies through the marketplace at healthcare.gov.
To view the previous blog post about the Employee Notification Tool from the National Restaurant Association and the Restaurant Health Care Alliance, click here.
If you have questions, please call the LRA at (504) 454-2277 today and we’ll be happy to help.