Compliance News | March 7, 2024
Many ACA provisions contain numbers or percentages that are indexed to various measures of inflation, and the federal government announces new numbers throughout the year.
To help you stay on top of all of the ACA amounts you need to know for your group health plan, we’ve got handy summary charts that we update whenever new numbers come out.
In March 2024, we added the 2025 out-of-pocket limits for individual and family coverage provided by non-grandfathered plans.
We also added the federal poverty level safe harbor for plan years beginning February 1–December 1, 2024, which is available to employers seeking to minimize employer penalty.
We’ll update the ACA percentages and dollar amounts chart as new information comes out of the government.
Make sure you’re on top of the latest numbers, as well as other compliance news affecting group health plans: join our mailing list.
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This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.
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