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How do I know if the insurance offered by my employer is "affordable"?

Understanding the affordability of employer-provided insurance

BS

Business Tax Specialist

Tax Expert

3 min read
Published on 4 months ago
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Under the Affordable Care Act (ACA), employer-sponsored health coverage is considered affordable if the employee’s required contribution for self-only coverage does not exceed a specified percentage of household income for the tax year.

For 2025, the affordability threshold is based on the IRS-adjusted percentage (indexed annually), not a fixed historical rate.

Affordability Test Details

  • Self-only coverage cost: The employee’s share of the premium for individual coverage (not family coverage) is used for the affordability calculation.
  • Household income: The total income of all individuals in your tax household, as reported on your tax return.
  • Threshold: If the employee’s cost exceeds 9.78% of household income, coverage is deemed unaffordable.
  • Family members: The same test applies to family members. If the employer’s coverage is unaffordable for the employee, it is also considered unaffordable for dependents.

Relevant Tax Forms and Guidance

  • Form 1095-C: Employers with 50 or more full-time employees use this form to report health coverage offers and enrollment. You may receive this form if your employer offered coverage.
  • Publication 5187: Provides detailed guidance on ACA requirements, including affordability standards and how they affect eligibility for premium tax credits.
  • Marketplace determination: If the Marketplace determines coverage is unaffordable based on projected income, it overrides any affordability based on actual tax return income.

Source:

Publication 5187 - Affordable Care Act

Disclaimer: Always verify details with current Federal or State Department of Revenue Forms and Instructions. Tax laws and regulations may change, and individual circumstances may require professional advice from a CPA or tax attorney.

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