ICYMI: Proposed Change to Family Coverage Affordability Rules
The IRS has released a proposed rule that would change the existing rules for eligibility for the premium tax credit (PTC). The PTC is available to eligible individuals who purchase health insurance coverage through the Exchange. Individuals who have access to affordable, minimum value employer-sponsored coverage are not eligible for the PTC.
Currently, whether employer-sponsored coverage is considered affordable for family members is determined based on the lowest-cost self-only coverage available to the employee. The cost of family coverage is not currently taken into account. The proposed rule would provide that an employer-sponsored plan is affordable for family members if the portion of the annual premium the employee must pay for family coverage (the employee’s required contribution) does not exceed 9.5% (as adjusted annually) of household income.
Optima CE Opportunity
Topic: Understanding the Dynamic Health Insurance Market
Date: Thursday, April 21, 2022
Time: 10:00 AM
Credit: Two Hours*
*This class is a repeat of the class presented on October 21, 2021. If you already have the credits for this course you will not be able to receive credit again if you are still within the same biennium.
UnitedHealthcare Broker Webinar
Wednesday, April 20 | 10:00 AM
The Mid-Atlantic 1-50 and 51-99 sales team will discuss the differences between UHC's Level Funded Plans and Fully Insured Plans to help you answer your clients' questions and sell more.
What can Virtual Primary Care do for your Clients?
Now more than ever, people are turning to virtual care from their primary doctors. It’s a convenient choice, especially when you want help right away with urgent issues. Help is available 24/7, and in some cases, it’s more affordable than other options.Join Anthem for a panel discussion on virtual primary care, and learn more about the benefits it offers your group clients and their employees. A capability overview will be followed by an open Q&A period with the panel of experts.
Anthem & Optima Q3 Rates are Live in TFA Edge!
The information herein should not be construed as legal or tax advice in any way. This content is provided for informational purposes only. You should seek the advice of your attorney or tax consultant for additional or specific information.