Last week, the Department of Labor officially delayed the Notice of Exchange/Marketplace provision of the Affordable Care Act. Employers will not be required to comply until regulations are released for the Notice. The Department felt the delay was required to be able to coordinate its efforts with the other federal Departments’ guidance on related provisions of the Affordable Care Act. It is anticipated the timing for the distribution of the notices will be late summer or early fall of 2013 which will coordinate with the open enrollment period for the Marketplaces (formerly called Exchanges). The initial open enrollment period for the Marketplace is October 1, 2013 – March 31, 2014.
In today’s competitive business landscape, organizations face numerous challenges when it comes to managing their human resources effectively. From recruitment and onboarding to employee training