•If your nonprofit employs fewer than 50 employees, it will NOT be subject to employer shared responsibilities or penalties that apply to larger employers under the Affordable Care Act. •New notice requirement as of October 1st: Nonprofits must provide notice to employees of the health insurance coverage options available through the state Marketplaces. Notice must be required for current employees no later than October 1, 2013, and notice is then also required for each new employee at the time of hire as of October 1, 2013, into the future. The notice requirement is for all employees, whether they are part-time or full-time status. (Very small nonprofits that are not subject to the Fair Labor Standards Act, such as those with less than $500,000 in annual revenue, are not covered by this requirement - See Department of Labor explanation.)
Posted on: Thu, 19 Sep 2013 18:27:09 +0000
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