Mary Kennedy

Mary Kennedy

Seyfarth Shaw LLP

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Employers May Have to Pay More in 2024 as Affordability Threshold Hits New Low for Second Year in a Row

Seyfarth Synopsis: The IRS has announced adjustments decreasing the affordability threshold for plan years beginning in 2024, which may cause employers to have to pay more for ACA compliant coverage in 2024. The IRS...more

10/9/2023  /  Affordable Care Act , Employee Benefits , Employer Group Health Plans , Health Insurance , Internal Revenue Code (IRC) , IRS , Threshold Requirements
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