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Affordability Percentage Will Decrease for 2024

The IRS announced that the 2024 health plan affordability percentage threshold—which is used to determine if an employer’s lowest-premium health plan meets the Affordable Care Act’s (ACA’s) affordability requirement—will be 8.39 percent of an employee’s household income. That’s down from this year’s 9.12 percent figure.




Pay or Play Affordability Percentage
Pay or Play Affordability Percentage




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