Sample Exchange (AKA Marketplace) Notice Cover Letter

Employer Letterhead

Dear __________________

Effective October 1, 2013, you and/or your family members may purchase health insurance coverage through a new health insurance marketplace, instead of taking coverage through the employer's health plan. Any coverage you purchase in the health insurance marketplace will be effective on January 1, 2014, if you and/or your family member enroll on or before December 15, 2013. You and/or your family members may purchase health insurance coverage through the health insurance marketplace no later than March 31, 2014, but the effective date of such coverage will vary depending on the date of enrollment.

We are required by federal law to provide you with the attached notice. The purpose of this notice is to inform you of the existence of the health insurance marketplace, give you a description of the services provided by the health insurance marketplace, and tell you how to contact the health insurance marketplace to request assistance.

In addition, this notice helps you determine whether you are eligible for a premium tax credit or a cost-sharing reduction through the health insurance marketplace. You may be eligible if the employer's plan's share of the total cost of benefits is less than 60%, the coverage is unaffordable, or if you are not eligible for the coverage. The health insurance marketplace will qualify you for any premium tax credit or a cost sharing reduction.

Finally, the notice informs you that if you purchase coverage through the health insurance marketplace, you may lose any employer contribution toward the cost of employer-provided coverage.

If you have any questions regarding this notice, please contact __________________________ at _________________.

Sincerely,

________________________________

Signature

(Title)

Letter provided by Attorny Larry Grudsien http://larrygrudzien.com/

Download a copy of the notice here: