Notice for Employers Re. Exchanges Requirement Delayed

The Department of Labor announced last week that the requirement that employers provide notice to their employees of the existence of Exchanges will not take effect on March 1st.  It is expected that the timing for distribution will be late summer or early fall of 2013. 

The Colorado Health Benefit Exchange (COHBE) is a public entity governed by a Board of Directors. The Exchange, scheduled to open for business in October of this year, will be a new marketplace where  individuals and small businesses in Colorado can shop for and buy health insurance based on quality and price.  

Read more about the Exchange here, or learn more by visiting the Frequently Asked Questions from the Department of Labor regarding the requirements for notice to employees.