Affordable Coverage

Coverage where the employee’s required contribution for self-only coverage for the lowest cost plan offered by the employer does not exceed 9.5 percent of the employee’s household income for the year.

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Audience:

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Short Description: 
Coverage where the employee’s required contribution for self-only coverage for the lowest cost plan offered by the employer does not exceed 9.5 percent of the employee’s household income for the year.

Healthcare Words Category:

Healthcare Reform Glossary: 
Yes