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IRS Increases 9.5% Affordability Threshold -- Or Did It?
Proskauer's ERISA Practice Center
[Guidance Overview] Aug. 6, 2014 "Some vendors, consultants and others have announced that employers can now use the increased 9.56% to determine whether coverage is affordable for purposes of the safe harbor. Based on the literal regulatory rules, this is not correct.... [T]he IRS regulations on affordability have 'hard-wired' the 9.5% standard into those regulations; the regulations do not cross-reference to the statutory reference for affordability." MORE >> |
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