ACA Affordability is Moving Target

We were reminded by our friends at Sesco Management that the definition of affordable health care plans under the Affordable Care Act is inflation-adjusted and we’re thankful for the heads-up. Under Obamacare, employer-sponsored coverage for plan years beginning in 2018 is considered affordable if an employee’s required contribution for self-only coverage does not exceed 9.56%…

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Glossary of ACA-Related Terms

Affordable Care Act (ACA): The Affordable Care Act (ACA) is also known formally as the Patient Protection and Affordable Care Act (PPACA) and informally as Obamacare or federal health care. President Barack Obama signed the Act into law on March 23, 2010. Together with the Health Care and Education Reconciliation Act (enacted by Congress to…

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