ACA Affordability Percentage Decreased Significantly for 2023
Compliance Now
AUGUST 8, 2022
One of the most well-known components of the Affordable Care Act (ACA) is that it requires applicable large employers (ALEs) to either offer affordable, minimum value medical benefits to their full-time employees or pay tax penalties. The ACA defined a plan as being affordable if the lowest-cost, employee-only option costs less than 9.5%
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