Each year the IRS releases an updated index of the contribution percentages for the purposes of determining affordability of an employer’s plan under the Affordable Care Act (ACA). For the first time since these affordability percentages were introduced, we are seeing a decrease in the amount an employer can charge employees for health coverage. Some employers may need to reduce their employee contributions for 2018 to meet the adjusted percentage. Listen in to learn what the percentage amount has been proposed to be for plan years beginning in 2018.
