Healthcare policy experts from the National Federation of Independent Business (NFIB) answered questions from small business owners during a live chat on September 20, 2013.
Q: What is the most important item that a small business needs to account for regarding the October deadline?
A: Notice of Coverage is the most important item. For more information, visit: http://www.nfib.com/advocacy/item?cmsid=63707
Q: We are a three-person office (2 full-time (owners), one part-time). I’m confused about what we’re responsible for doing by October 1. Can you clarify?
A: You are required to distribute the form to full-time and part-time employees by October 1. To be safe, be sure to distribute the form to your part-time employee and have them sign a verification form for your records indicating they received the form.
Employers who provide insurance (PDF): http://monticello.accountsupport.com/wp-content/uploads/FLSAwithplans.pdf
Employers who don’t (PDF): http://monticello.accountsupport.com/wp-content/uploads/FLSAwithoutplans.pdf