graphic of four paper dolls, downward red arrow and dollar sign Only the employee’s family for tax purposes would be included in determining whether coverage is affordable. (Photo: Shutterstock)

Since it was enacted the Affordable Care Act (“ACA”) has measured whether coverage is affordable based on the cost of employee-only coverage. This has led to the creation of the “family glitch,” which has meant that spouses and dependent children of employees who are offered affordable, minimum value coverage have not been eligible for federal tax credits to purchase coverage through the exchange.

Related: HHS aims to increase health care access, affordability in proposed rule for 2023

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

 

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.