Lyndsey Barnett

Lyndsey Barnett

Bricker Graydon LLP

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You May be Able to Increase Health Plan Premiums and Stay Affordable in 2025

For the first time in four years, the IRS adjusted the affordability percentage used for the shared responsibility penalties. The IRS recently announced that the affordability percentage for 2025 will be 9.02%....more

9/17/2024  /  Affordable Care Act , Benefit Plan Sponsors , Employee Benefits , Employer Group Health Plans , Health Insurance , IRS , Premiums , Safe Harbors , Shared Responsibility Rule

You May Need to Lower Employees’ Premiums to Keep Your Plan Affordable Under the ACA

For the third year in a row, the IRS adjusted the affordability percentage used for the shared responsibility penalties down. The IRS recently announced that the affordability percentage for 2024 will be 8.39%. This is down...more

9/7/2023  /  Affordable Care Act , Employer Group Health Plans , Health Insurance , IRS , Premiums , Price Adjustments , Shared Responsibility Rule
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