Asked by: Valdemar Aceraasked in category: General Last Updated: 10th June, 2020
What is the ACA affordability percentage for 2019?
Considering this, what is the ACA affordability percentage for 2020?
Additionally, how do you calculate affordability for ACA? Affordability is determined as a certain percentage of an employee's household income. Using the adjusted percentage for 2020, if the required employee premium contribution does not exceed 9.78% of the employee's household income, then the coverage is affordable under the ACA.
In this way, what is the affordability percentage for 2019?
ACA's Affordability Threshold Rises in 2019
|Plan Calendar Year||Prior Year's Federal Poverty Level||Affordability Percentage|
What is the federal poverty level for ACA?
Percentage of Federal Poverty Level (FPL) for Obamacare
|2020 Enrollment (2019 data)||Percent of Federal Poverty Level (FPL)|