CMS Makes Large Cut to Affordability Level for Group Health Plans for 2024 For 2024, the IRS has significantly reduced the group plan affordability threshold — which is used to determine if an employer’s lowest-premium health plan meets the Affordable Care Act rules. The threshold for next year has been set at 8.39% of an employee’s household income, down significantly from 9.12% this year. The lower threshold will Read More »
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