IRS Sets 2023 Affordability Threshold

2022-08-08T15:55:27+00:00

On July 25, 2022, the Internal Revenue Service (IRS) issued Revenue Procedure 2022-34 which indexes the contribution percentages for 2023 for purposes of determining affordability of an employer’s plan under the Affordable Care Act (ACA). For plan years beginning in 2023, employer-sponsored coverage will be considered affordable if the employee’s required contribution for self-only coverage does not [...]

IRS Sets 2023 Affordability Threshold2022-08-08T15:55:27+00:00

ACA Affordability Percentage for 2020

2019-10-02T19:00:22+00:00

On July 23, 2019, the Internal Revenue Service (IRS) issued Revenue Procedure 2019-29 which indexes the contribution percentages for 2020 for purposes of determining affordability of an employer’s plan under the Affordable Care Act (ACA). For plan years beginning on or after January 1, 2020, employer-sponsored coverage will be considered affordable if the employee’s required contribution for self-only [...]

ACA Affordability Percentage for 20202019-10-02T19:00:22+00:00

The Diversified Group was built on the premise that self-funded plans are the most cost-effective and transparent health insurance option for most companies across the country. After administering self-insured health plans for 50 years, our experience as a Third Party Administrator allows us to provide comprehensive, cost-effective approaches to healthcare.

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