Individuals whose employer does not offer adequate and affordable employer-sponsored group coverage will be able to purchase individual health insurance in the exchange.
What exactly is adequate and affordable insurance?
Adequate Coverage
- The employer-sponsored plan must cover at least 60% of a person’s medical costs on average
Affordable Coverage
- Insurance premiums can be no more than 9.5% of an employee’s household income
Not sure if the health plan offered through your workplace meets these requirements? Give us a call!
