Bukaty Bulletins

IRS to increase affordability rate for 2019

Written by Bukaty Companies | June 18, 2018

The IRS recently raised the affordability threshold for the 2019 calendar year to 9.86% of household income from the 2018 threshold of 9.56%. This percentage is also used to determine the affordability of employer-sponsored coverage. Failure to provide a full-time employee with affordable coverage can result in an employer shared responsibility penalty.

Year Affordability % Maximum Monthly Contribution* Prior Year Federal Poverty Level (FPL)
 2019 9.86%   $99.75  $12,140
 2018 9.56%  $96.08  $12,060
 2017 9.69%  $95.93  $11,880

*Based on Federal Poverty Level (FPL) affordability safe harbor.

For more information, contact your Bukaty benefit consultant at 913.345.0440.

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