The FH Insurance Total Benefits Team will support you in ensuring that your benefits are ACA compliant and that you comply with all benefits deadlines related to the Affordable Care Act.
How can Your FH Insurance Total Benefits Team help?
ACA Deadline Support
Some of the key compliance definitions under the ACA include:
Helpful ACA Definitions
The Affordable Care Act (ACA) is a comprehensive healthcare reform legislation that was enacted in 2010. It aims to improve access to healthcare and reduce costs by introducing various mandates and regulations.
Coverage is considered affordable if the employee’s required contribution for single coverage does not exceed 9.12% of their household income for 2023.
Refers to the minimum level of health insurance coverage an individual must have to comply with the individual mandate.
An employer that employed an average of at least 50 full-time employees (including full-time equivalent employees) on business days during the preceding calendar year.