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2021 Federal Poverty Levels Can Impact ESR Affordability
MercerLink to more items from this source
[Guidance Overview]
Jan. 28, 2021

"[E]mployers with calendar-year plans can't rely on the higher [federal poverty levels (FPLs)] for 2021 affordability testing. Instead, calendar-year plan sponsors must use the 2020 FPL amounts.... [T]he 2021 FPL safe-harbor monthly employee contribution limits for the lowest-cost, self-only [minimum essential coverage (MEC)] with minimum value [are]: Noncalendar-year plans beginning in 2021: $105.51 ... 2021 calendar-year plans: $104.53[.]"

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