PATIENT PROTECTION AND AFFORDABLE CARE ACT

The Board of Education acknowledges that the Patient Protection and Affordable Care Act (“ACA”) imposes certain obligations upon the District.  Such obligations may include the following:

	A.	The District shall notify new employees of health insurance options available through the Health Insurance Marketplace within fourteen (14) days of an employee’s employment start date.  Sample form notices are available from the U.S. Department of Labor at:	
		
	http://www.dol.gov/ebsa/healthreform/regulations/coverageoptionsnotice.html	
			
	B.	Employees of the District have the option to enroll in the Health Insurance Marketplace.  If a full-time employee (as defined by the ACA) of the District enrolls in the Health Insurance Marketplace and receives a subsidy, then the District may be liable for a penalty.	
		
	In event that the District concludes that it is fiscally-wise to incur the potential penalty in lieu of providing affordable, minimum value coverage to all full-time employees, the District shall incur the potential penalty.	

29 USC 218B
26 USC 4980H

© Neola 2016

Adopted (DATE)