Time to Do Your ACA Affordability Cost-Share Homework for 2020

Under the Affordable Care Act, applicable large employers are required to offer minimum essential coverage (that is both affordable and meets the minimum value standard) to at least 95% of their eligible full-time equivalent employees.

OMA Connections Partner Bricker & Eckler LLP, in its new analysis, notes that employer penalties may be assessed in two tiers if the employer fails to offer minimum essential coverage to at least 95% of eligible employees and/or the coverage is not affordable and the employees enroll in Marketplace plans. 11/14/2019

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