2025 Affordability Percentage
In a recent Notice the IRS announced the significantly increased percentage that will be used to determine whether employees’ share of their 2025 premiums are considered affordable for purposes of the employer mandate. Applicable Large Employers, for the 2025...Employer Requirement – Creditable Coverage Notice Due October 15th
Employers who provide prescription drug coverage to those who are or may become eligible for Medicare Part D must meet two requirements per Centers for Medicare and Medicaid Services (CMS) guidelines to maintain compliance: 1) notify CMS and 2) notify members of creditable coverage status.