{"id":8450,"date":"2022-08-09T09:50:01","date_gmt":"2022-08-09T14:50:01","guid":{"rendered":"https:\/\/www.bbrown.com\/insight\/affordability-alert-indexed-contribution-percentage-for-an-employers-plan-under-the-aca\/"},"modified":"2022-08-09T09:50:01","modified_gmt":"2022-08-09T14:50:01","slug":"affordability-alert-indexed-contribution-percentage-for-an-employers-plan-under-the-aca","status":"publish","type":"insight","link":"https:\/\/www.bbrown.com\/ca\/insight\/affordability-alert-indexed-contribution-percentage-for-an-employers-plan-under-the-aca\/","title":{"rendered":"Affordability Alert | Indexed Contribution Percentage for an Employer\u2019s Plan Under the ACA"},"content":{"rendered":"

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Employee Benefits<\/p>\n

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\n Affordability Alert | Indexed Contribution Percentage for an Employer\u2019s Plan Under the ACA\n <\/h1>\n\t\n <\/div>[vc_column_text]On August 2, 2022, the IRS issued Revenue Procedure 2022-34<\/a>, which announces the indexed contribution percentage applicable in 2023 for determining the affordability of an employer\u2019s plan under the Affordable Care Act (ACA).<\/strong><\/p>\n

For plan years beginning in 2023, employer-sponsored coverage will be considered affordable for purposes of the employer shared responsibility penalties if the employee\u2019s required contribution for self-only coverage under the lowest cost option that provides minimum value does not exceed:<\/p>\n