Below please find a link to our legal alert on Rev. Proc. 2019=29, which contains the inflation adjusted amounts for 2020 used to determine whether employersponsored coverage is “affordable” for purposes of the ACA’s employer mandate and premium tax credit program. As shown in the table below, for plan years beginning in 2020, the affordability percentage for employer mandate purposes is indexed to 9.78%, a slight decrease from 9.86% in 2019.
Click here to read more about this important Legal Alert.