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What does ACA mean in ADP?

The Affordable Care Act (ACA) was designed to encourage employers to provide timely, affordable and appropriate health benefits to eligible employees.

What are ACA requirements?

Employees with household income between 100 percent and 400 percent of the federal poverty level are eligible for tax credits for exchange coverage if they do not have access to affordable employer-sponsored coverage that provides at least minimum value (meaning the plan pays at least 60 percent of the cost of covered ...

Why did I get a letter from health insurance marketplace?

If you're asked to verify or add to information you entered on your Marketplace application, you'll get notices (letters, emails, or both) telling you which documents to submit. You may get a notice from your health insurance company too.

How many days notice does the Affordable Care Act require insurers?

Your insurance company must give you at least 30 days notice before they can cancel your coverage for the reasons stated above. This gives you time to appeal the decision or find new coverage.

What is a marketplace eligibility notice?

A Marketplace Notice is sent to an employer when an individual enrolls in coverage through an exchange, is deemed eligible for a premium subsidy and provides an employer's address on the enrollment application.

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