Important Affordable Care Update for Employers
September 19, 2022

Under the ACA, employers covered by the Fair Labor Standards Act (generally, firms with at least one employee and at least $500,000 in annual dollar volume of business), must provide notification to their employees about the new health insurance marketplace, inform employees that they may be eligible for a premium tax credit if they purchase coverage through the marketplace and advise employees that if they purchase a plan through the marketplace, they may lose the employer contribution (if applicable) to any health benefits plan offered by the employer.

Employers are required to provide this notice to all current employees by October 1, 2022, and to each new employee at the time of hire beginning October 1, 2013, regardless of plan enrollment status (if applicable) or of part-time or full-time status. The Department of Labor has provided employers with two sample notices they may use to comply with this rule, one for employers who do not offer a health plan and another for employers who offer a health plan for some or all employees.

To learn more about the ACA provisions that apply to you, select your employer classification below.


Employers with Fewer than 25 Employees

Employers with Up to 50 Employees

Employers with 50 or More Employees

ParenteBeard’s ACA Check-Up Team is here to keep you updated on how to stay compliant with all of the healthcare law’s requirements.

For more information on how we can assist your business with these immediate Affordable Care Act deadlines, visit our ACA Check-Up Site and contact Carolyn Linkov, Tax Principal, at