2025 Affordability Percentage. Affordability Rate For 2025 Mercedes J. Oates In 2025, the ACA's affordability percentage will increase significantly to 9.02% (up from 8.39% in 2024) The percentage for determining the affordability of employer-sponsored health coverage under the Affordable Care Act (ACA) will increase for plan years starting in 2025 to 9.02% (up from 8.39% for plan years starting in 2024), the IRS announced in Revenue Procedure 2024-35.
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the IRS dropped the affordability percentage below 9.5% for the first time by setting it at 9.12% and then dropped it even lower. This means that employees cannot be required to pay an employee contribution more than $113.20 for coverage and be considered affordable
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2025 ACA Affordability Percentage Increases to 9.02%: The IRS has announced that the ACA affordability percentage used to determine compliance with the employer mandate will increase from 8.39% (2024) to 9.02% (2025) of the employee's household income, as determined under one of the three safe harbor approaches available to employers. 2025 affordability percentage for employer health coverage increases Mercer | Sep 2024 for 2025 will be: $15,060 x 9.02% = $1,358.41 (or $113.20 per month)
Draft Affordable Housing Strategy 20222025 The Loop. The 2025 update to the ACA affordability percentage is a key consideration for any Applicable Large Employer The Affordable Care Act benchmark for determining the affordability of employer-sponsored health coverage will increase significantly—to 9.02% of an employee's household income for the 2025 plan year—up from the 2024 plan-year level of 8.39%, according to IRS Rev
Hair Style 2025 Woman Katya Melamie. This latest affordability percentage represents an increase from the 8.39 percent of 2024, the lowest percentage in the history of the threshold. For the employer mandate and affordability, this means that an employee's required premium contribution toward single-only coverage under an employer-sponsored group health plan can be no more than 9.02% of the federal poverty line (FPL) or of an employee's W-2 income or rate of pay.