IRS Issues Final Rules for Family Coverage Affordability Determination

The IRS has issued final regulations that change the way employer-sponsored plan affordability is calculated when determining if a family is eligible for a premium tax credit (PTC) when purchasing individual health insurance through a public exchange.

In fixing what is commonly referred to as the “family glitch,” affordability for family members will be based on the employee’s cost to cover the entire family rather than the cost of employee-only coverage. The change will allow more spouses and dependents to qualify for PTCs applied toward the cost of individual health coverage purchased through a public exchange. Please join us for a quick-hitting webinar with all the information you need from the employer’s perspective.

PRESENTER

Erik Hinz

Erik Hinz is a Senior Vice President for Horton’s Employee Benefit Solutions and leader of our Minneapolis Benefits Division. In this role, Erik is responsible for providing expertise on industry benefits and consultative guidance to aid clients in navigating the ever-changing benefits marketplace. He is part of a team of employee-benefits-focused specialists dedicated to delivering innovative healthcare solutions to employers.