Compliance News | November 11, 2024
Many ACA provisions contain numbers or percentages that are indexed to various measures of inflation, and the federal government announces new numbers throughout the year.
To help you stay on top of all of the ACA amounts you need to know for your group health plan, we’ve got handy summary charts that we update whenever new numbers come out.
We added the 2025 percentage for the test applied by the Exchange or a Marketplace when determining if offered coverage is affordable. Coverage is deemed to be not affordable if the cost of employee-only coverage exceeds 9.02 percent of household income, which is an increase from the percentage that applies in 2024: 8.39 percent.
We also added:
We’ll update the ACA percentages and dollar amounts chart as new information comes out of the government.
Make sure you’re on top of the latest numbers, as well as other compliance news affecting group health plans: join our mailing list.
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