the worker may decide to remain on the employer plan because his or her payment toward coverage falls below the affordability threshold, but the family members will be able to get a subsidized ACA plan.
The IRS recently announced the ACA affordability threshold for 2021 at 9.83%, a small increase from the 2020 level of 9.78%. In order to avoid triggering a penalty under Section 4980H(b) of the Internal Revenue Code (the “Code”), an applicable large employer must offer full-time ...
(ALEs), generally those with 50 or more full-time employees. This form reports information about the health coverage offered to full-time employees, including details about the employer, the employee, the months of coverage availability, and the adequacy and affordability of the coverage. Both ...
Affordability requirements Tariffing obligations Enhanced A-CAM elections Minimum carrier participation threshold for implementation of Enhanced A-CAM Tribal government engagement Adjusting the high-cost budget for carriers remaining on legacy Support High Cost Loop support (HCLS) cap Cybersecurity and supply...