I have a client who just received her Companies Annual Benefit Renewal Notice.
The Company had switched companies this year for their benefits because their current carrier's rate increase was not sustainable.
The question I have is based on " Is the Plan affordable" based on the 9.5% Rule.
The Benefit outlay looks in compliance with the ACA to me but the Affordability portion in her case does not.
She makes $25,000 annually and her share of the health cost is
( $208.69 per pay ( Employee Cost ) @ 26 pay periods a Year ) $208.69 x 26 = $5,425.94
Based on her Salary o
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The Company had switched companies this year for their benefits because their current carrier's rate increase was not sustainable.
The question I have is based on " Is the Plan affordable" based on the 9.5% Rule.
The Benefit outlay looks in compliance with the ACA to me but the Affordability portion in her case does not.
She makes $25,000 annually and her share of the health cost is
( $208.69 per pay ( Employee Cost ) @ 26 pay periods a Year ) $208.69 x 26 = $5,425.94
Based on her Salary o
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