ACA Affordability Standard for 2018 Released
Since the inception of the employer mandate under the Affordable Care Act (ACA) in 2015, the affordability percentage for 2018 has been reduced and is now back to 9.56% per a recently released IRS publication.
Groups will need to carefully consider if a reduction in employee premium contributions is necessary in 2018 in order to ensure their medical coverage continues to meet affordability standards per ACA requirements.