As the Health Insurance Marketplaces opened for business, the American Booksellers Association made available on BookWeb the PowerPoint presentation “The Affordable Care Act: What the Healthcare Law Means for Your Small Business,” an overview being presented at ABA’s education session at each of the fall regional trade shows.
In addition, the state-specific fact sheets that are being distributed at the shows are available on ABA’s new advocacy page on the Affordable Care Act. The fact sheets present key information about health care reform options, including details about and appropriate links to health exchanges; whether the state is expanding Medicaid; and general health benefits and tax incentives for business owners.
As part of the new regulations, all employers subject to the Fair Labor Standards Act (FLSA) were required to notify their full- and part-time employees by October 1, 2013, regarding the availability of health care coverage, regardless of whether they offer health coverage or not. In general, a business is subject to FLSA if it has at least two employees and does at least $500,000 in business per year, as reported by The National Law Review.
The Department of Labor has created model notices that employers can use to send to their employees to comply with the law. (Learn more.) There is a model notice for employers that offer a health plan to some or all employees, and another for employers who do not offer a health plan.
Booksellers with questions about health care reform should contact ABA Senior Public Policy Analyst David Grogan at (800) 637-0037, ext. 7562 or via e-mail.