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  2. What's 'Affordable' Coverage Under Health Care Reform? - SHRM

    www.shrm.org/.../whats-affordable-coverage-health-care-reform

    Under the Patient Protection and Affordable Care Act (referred to as PPACA or ACA, or just the Affordable Care Act), employer-provided coverage is considered " affordable " if it meets one of the ...

  3. IRS Sets 2023 Health Plan Premium Affordability Threshold at 9....

    www.shrm.org/topics-tools/news/benefits-compensation/irs-sets-2023-health-plan...

    This article has been updated. T he IRS announced that the 2023 health plan affordability threshold—used to determine if an employer's lowest-premium health plan meets the Affordable Care Act's ...

  4. Affordable Care Act: Coverage Terms - SHRM

    www.shrm.org/topics-tools/news/benefits-compensation/affordable-care-act...

    Affordable Care Act terms explained. Affordability. The ACA's affordability requirement is the highest percentage of household income an employee can be required to pay for monthly health ...

  5. What are the employer shared responsibility penalties under the...

    www.shrm.org/topics-tools/tools/hr-answers/employer-shared-responsibility...

    The Patient Protection and Affordable Care Act (PPACA or ACA) employer shared responsibility requirements include an employer mandate―pay or play―and a requirement to provide coverage that is ...

  6. What You Need to Know About the Affordable Care Act - SHRM

    www.shrm.org/topics-tools/tools/need-to-know-affordable-care-act-offering...

    PURPOSE. The Patient Protection and Affordable Care Act, often referred to as the Affordable Care Act (ACA), requires covered employers to either offer group health insurance to at least 95 ...

  7. IRS Lowers 2022 Employer Health Plan Affordability Threshold to...

    www.shrm.org/topics-tools/news/benefits-compensation/irs-lowers-2022-employer...

    IRS Announces 2022 Limits for HSAs and High-Deductible Health Plans, SHRM Online, May 2021. For 2022, the lowest-cost, self-only health coverage an employer offers can't exceed 9.61 percent of an ...

  8. How to Use the Look-Back Measurement Method to Determine Full ......

    www.shrm.org/topics-tools/tools/how-to-guides/how-to-use-look-back-measurement...

    Under the shared responsibility provisions of the Patient Protection and Affordable Care Act (PPACA), applicable large employers must offer affordable health care coverage with minimum value to ...

  9. Complying with the Affordable Care Act - SHRM

    www.shrm.org/topics-tools/tools/toolkits/complying-affordable-care-act

    Here are the steps: First, calculate the number of full-time employees—those who are regularly scheduled to work an average of 30 or more hours per week. Next, calculate the total number of ...

  10. IRS Raises 2021 Employer Health Plan Affordability Threshold to...

    www.shrm.org/topics-tools/news/benefits-compensation/irs-raises-2021-employer...

    On Aug. 19, the IRS released new Questions and Answers (Q&A) guidance opens in a new tab. on the ACA's employer shared responsibility provisions (the employer mandate) for plan year 2021. Q&A #40 ...

  11. Are we legally required to offer benefits to part-time employees?...

    www.shrm.org/topics-tools/tools/hr-answers/legally-required-to-offer-benefits...

    The Affordable Care Act (ACA) requires employers to offer health insurance to employees working at least 30 hours per week (or 130 hours per month) to avoid paying penalties. See Identifying Full ...