What is the ACA affordability percentage for 2019?
9.86 percent Click to see full answer. Just so, what is the ACA affordability percentage for 2020? 9.78 percent 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%…
9.86 percent Click to see full answer. Just so, what is the ACA affordability percentage for 2020? 9.78 percent 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. Also to know is, 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 2019 $ 12,140 9.86% 2018 $ 12,060 9.56% 2017 $ 11.880 9.69% 2016 $ 11.770 9.66% 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) Household size 100% 138% 1 $12,490 $17,236 2 $16,910 $23,336 3 $21,330 $29,435
