29 U.S.C. § 218b — Notice to employees

(a) In general: Following regulations the Secretary issues, an employer covered by this chapter must give each employee written notice — at the time of hiring, or by March 1, 2013, for current employees — that: (1) tells them an Exchange exists, describes the services it provides, and explains how to contact it for help; (2) if the employer plan's share of total allowed benefit costs is less than 60%, tells them they might be eligible for a premium tax credit under section 36B of Title 26 and a cost-sharing reduction under section 18071 of Title 42, if they buy a qualified health plan through the Exchange instead; and (3) tells them that if they buy a plan through the Exchange, they might lose any employer contribution to their current health plan, and that part or all of that contribution might be excludable from income for federal tax purposes. (b) Effective date: Subsection (a) takes effect for employers in a given state starting March 1, 2013.