Note changes to ACA thresholds and signs of more audits
It’s almost time for the annual open enrollment period, so it’s important to note that the IRS recently announced the affordability percentage for 2020 under the Affordable Care Act will decrease to 9.78 percent. This is a slight decrease from the 2019 threshold of 9.86 percent. Employers should make sure that your insurance broker is […]
Increasing Affordability Percentage Under the ACA Employer Mandate
Today we received a notification from our colleague Tony Wilson, a Principal with NFP, alerting us to some recent updates to Employer Mandate affordability percentages under the Affordable Care Act. If you have any questions as to how this may affect your business, reach out to Amy Williams and let us know how we can […]