Do I Have to Offer a Contribution as an Employer?

 

During the No Contribution/No Participation Option Period the answer is NO.

 

From November 1st through December 15th, Small Groups purchasing ACA/Metallic plans may opt to waive participation and contribution requirements.

The No Contribution/No Participation Option is available to new groups:

·   Applying for coverage during the annual Open Enrollment Period

·   Sold during the Open Enrollment Periods for Jan. 1st and Jan. 15th, effective dates

Submission dates and deadlines: If your new ACA/Small Group (1-50 employees) wants to elect the No Contribution/No Participation Option, please submit the Small Group Enrollment with all required documentation via the ACA Small Group Enrollment tool between Nov. 1 and Dec. 15th.

The group must sign and submit the enrollment paperwork by December 15th.

Enrollments after December 15th, standard Small Group participation and contribution levels will apply.

 

Need More Help Offering Benefits to Your Employees?

• Schedule a consultation with an Agent
• Phone: (312) 726-6565