2013 PPACA Checklist - (Page 14)

Exchange Notification Requirement The Notification Deadline was October 1, 2013 If a small employer is subject to the Fair Labor Standards Act, the organization must comply with this requirement. If a large employer is subject to the Fair Labor Standards Act, the organization must comply with this requirement. Small Employers Large Employers You will NOT be subject to this requirement. Individuals Employers must provide employees with written notices about new health insurance benefit Exchanges on or after the effective date. This notice must be given to new hires and to those who are already employed. The Department of Labor has not yet issued the form notice, and the requirement was recently delayed for an indefinite period of time. Extension of the Children's Health Insurance Program (CHIP) Effective: Fiscal year 2013 Small employers will NOT have any direct responsibility to comply with this requirement. Large employers will NOT have any direct responsibility to comply with this requirement. Individuals will NOT have any direct responsibility to comply with this requirement. Small Employers Large Employers Individuals The authorization and funding of CHIP was due to end after fiscal year 2013. This requirement extends the CHIP program through fiscal year 2015. 14 Published by BenefitMall®

Table of Contents for the Digital Edition of 2013 PPACA Checklist

2013 PPACA Checklist
Contents
Accountable Care Organization (ACO)
Increased Federal Insurance Contributions Act (FICA) Withholding
Excise Tax on Medical Device Manufacturers
Health Flexible Savings Accounts
Loss of Deduction for Retiree Drug Subsidy
New Net Investment Income Tax
Employer W-2 Reporting Requirements
Increasing Medicaid Payments for Primary Care Doctors
Expanded Authority to Bundle Payments
Higher Income Threshold to Take Advantage of Itemized Deduction of Medical Expenses
Small Employer Tax Credits
Establishing Affordable Insurance Exchanges
Extension of the Children’s Health Insurance Program (CHIP)
Exchange Notification Requirement

2013 PPACA Checklist

https://www.nxtbookmedia.com