§218b — Title 29 Labor | U.S. Code

Summary

Employers covered by this rule must give every worker a written notice when hired, or by March 1, 2013 for current workers. The notice must say there is a health insurance marketplace (an Exchange), describe the help it offers, and give contact information. The notice must also say that if the employer’s plan pays less than 60 percent of allowed plan costs, the worker might qualify for a premium tax credit and a cost‑sharing reduction if they buy a qualified plan through the Exchange. It must warn that buying a plan through the Exchange could cause the worker to lose any employer contribution to their health plan, and that some or all of that contribution may be excluded from federal taxable income.

Title 29, §218b

Labor — Source: USLM XML via OLRC

(a)In accordance with regulations promulgated by the Secretary, an employer to which this chapter applies, shall provide to each employee at the time of hiring (or with respect to current employees, not later than March 1, 2013), written notice—

(1)informing the employee of the existence of an Exchange, including a description of the services provided by such Exchange, and the manner in which the employee may contact the Exchange to request assistance;

(2)if the employer plan’s share of the total allowed costs of benefits provided under the plan is less than 60 percent of such costs, that the employee may be eligible for a premium tax credit under section 36B of title 26 and a cost sharing reduction under section 18071 of title 42 if the employee purchases a qualified health plan through the Exchange; and

(3)if the employee purchases a qualified health plan through the Exchange, the employee may lose the employer contribution (if any) to any health benefits plan offered by the employer and that all or a portion of such contribution may be excludable from income for Federal income tax purposes.

(b)Subsection (a) shall take effect with respect to employers in a State beginning on March 1, 2013.

Notes & Related Subsidiaries

Editorial Notes

Amendments

2011—Subsec. (a)(3). Pub. L. 112–10 struck out “and the employer does not offer a free choice voucher” after “Exchange”. 2010—Subsec. (a)(3). Pub. L. 111–148, § 10108(i)(2), inserted “and the employer does not offer a free choice voucher” after “Exchange” and substituted “may lose” for “will lose”.

Statutory Notes and Related Subsidiaries

Effective Date

of 2011 AmendmentAmendment by Pub. L. 112–10 effective as if included in the provisions of, and the

Amendments

made by, the provisions of Pub. L. 111–148 to which it relates, see section 1858(d) of Pub. L. 112–10, set out as a note under section 36B of Title 26, Internal Revenue Code.

§218b Notice to Employees

Summary

Title 29, §218b

Notes & Related Subsidiaries

Editorial Notes

Amendments

Statutory Notes and Related Subsidiaries

Effective Date

Amendments

Citations & Metadata